GBP/USD - 15 min. - Technical analysis published on 09/23/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 1.2774 USD
My targets
1.2679 USD (-0.0007)
1.2617 USD (-0.0069)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBP/USD as long as the price remains well below 1.2774 USD. The sellers” bearish objective is set at 1.2679 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.2617 USD. In case of crossing, the next objective would be the support located at 1.2522 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.2686 USD. On the day, this instrument lost -0.44% and was between 1.2680 USD and 1.2748 USD. This implies that the price is at +0.05% from its lowest and at -0.49% from its highest.1.2680
1.2748
1.2686
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of GBP/USD in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2037 | 1.2306 | 1.2493 | 1.2686 | 1.2732 | 1.2775 | 1.2866 |
| Change (%) | -5.12% | -3.00% | -1.52% | - | +0.36% | +0.70% | +1.42% |
| Change | -0.0649 | -0.0380 | -0.0193 | - | +0.0046 | +0.0089 | +0.0180 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2522 | 1.2617 | 1.2679 | 1.2774 | 1.2836 | 1.2931 | 1.2993 |
| Camarilla | 1.2699 | 1.2713 | 1.2728 | 1.2742 | 1.2756 | 1.2771 | 1.2785 |
| Woodie | 1.2507 | 1.2609 | 1.2664 | 1.2766 | 1.2821 | 1.2923 | 1.2978 |
| Fibonacci | 1.2617 | 1.2677 | 1.2714 | 1.2774 | 1.2834 | 1.2871 | 1.2931 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2563 | 1.2669 | 1.2794 | 1.2900 | 1.3025 | 1.3131 | 1.3256 |
| Camarilla | 1.2855 | 1.2876 | 1.2897 | 1.2918 | 1.2939 | 1.2960 | 1.2982 |
| Woodie | 1.2572 | 1.2674 | 1.2803 | 1.2905 | 1.3034 | 1.3136 | 1.3265 |
| Fibonacci | 1.2669 | 1.2758 | 1.2812 | 1.2900 | 1.2989 | 1.3043 | 1.3131 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2683 | 1.2832 | 1.3098 | 1.3247 | 1.3513 | 1.3662 | 1.3928 |
| Camarilla | 1.3250 | 1.3288 | 1.3326 | 1.3364 | 1.3402 | 1.3440 | 1.3478 |
| Woodie | 1.2742 | 1.2861 | 1.3157 | 1.3276 | 1.3572 | 1.3691 | 1.3987 |
| Fibonacci | 1.2832 | 1.2991 | 1.3089 | 1.3247 | 1.3406 | 1.3504 | 1.3662 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.51 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -10.4667 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 1.2695 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2715 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 1.2718 | |
| Zig ZAG (10): | 1.2690 | |
| VORTEX (21): | 0.8926 | |
| Stochastique (14,3,5): | 34.03 | |
| TEMA (21): | 1.2691 | |
| Williams %R (14): | -79.17 | |
| Chande Momentum Oscillator (20): | -0.0033 | |
| Repulse (5,40,3): | -0.0717 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0092 | |
| Courbe Coppock: | 0.43 |
| MA7: | 1.2854 | |
| MA20: | 1.3039 | |
| MA50: | 1.3011 | |
| MA100: | 1.2727 | |
| MAexp7: | 1.2695 | |
| MAexp20: | 1.2706 | |
| MAexp50: | 1.2721 | |
| MAexp100: | 1.2744 | |
| Price / MA7: | -1.31% | |
| Price / MA20: | -2.71% | |
| Price / MA50: | -2.50% | |
| Price / MA100: | -0.32% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.46% |
Quotes :
2020-09-23 08:25:45
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Real time data
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Forex
News
The latest news and videos published on GBP/USD at the time of the analysis were as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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