GBP/USD - 15 min. - Technical analysis published on 10/16/2020 (GMT)
- Who voted?
- 111
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 1.2941 USD
My targets
1.2852 USD (-0.0043)
1.2801 USD (-0.0094)
My analysis
GBP/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.2941 USD. The next support located at 1.2852 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.2801 USD. Below this support, sellers could then target 1.2712 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by ganesand. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD price is 1.2895 USD. The price registered a decrease of -0.06% on the session and was traded between 1.2862 USD and 1.2963 USD over the period. The price is currently at +0.26% from its lowest and -0.52% from its highest.1.2862
1.2963
1.2895
Here is a more detailed summary of the historical variations registered by GBP/USD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GBP/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.2845 | 1.2863 | 1.2891 | 1.2895 | 1.2930 | 1.2971 | 1.3006 |
Change (%) | -0.39% | -0.25% | -0.03% | - | +0.27% | +0.59% | +0.86% |
Change | -0.0050 | -0.0032 | -0.0004 | - | +0.0035 | +0.0076 | +0.0111 |
Level | Minor | Minor | Intermediate | - | Minor | Minor | Intermediate |
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 | 1.2712 | 1.2801 | 1.2852 | 1.2941 | 1.2992 | 1.3081 | 1.3132 |
Camarilla | 1.2865 | 1.2877 | 1.2890 | 1.2903 | 1.2916 | 1.2929 | 1.2942 |
Woodie | 1.2693 | 1.2792 | 1.2833 | 1.2932 | 1.2973 | 1.3072 | 1.3113 |
Fibonacci | 1.2801 | 1.2855 | 1.2888 | 1.2941 | 1.2995 | 1.3028 | 1.3081 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.2706 | 1.2776 | 1.2911 | 1.2981 | 1.3116 | 1.3186 | 1.3321 |
Camarilla | 1.2991 | 1.3009 | 1.3028 | 1.3047 | 1.3066 | 1.3085 | 1.3103 |
Woodie | 1.2740 | 1.2792 | 1.2945 | 1.2997 | 1.3150 | 1.3202 | 1.3355 |
Fibonacci | 1.2776 | 1.2854 | 1.2902 | 1.2981 | 1.3059 | 1.3107 | 1.3186 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1758 | 1.2217 | 1.2566 | 1.3025 | 1.3374 | 1.3833 | 1.4182 |
Camarilla | 1.2694 | 1.2768 | 1.2842 | 1.2916 | 1.2990 | 1.3064 | 1.3138 |
Woodie | 1.1704 | 1.2190 | 1.2512 | 1.2998 | 1.3320 | 1.3806 | 1.4128 |
Fibonacci | 1.2217 | 1.2525 | 1.2716 | 1.3025 | 1.3333 | 1.3524 | 1.3833 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 46.70 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | -9.4271 | |
AROON (14): | 0 | |
DEMA (21): | 1.2918 | |
Parabolic SAR (0,02-0,02-0,2): | 1.2951 | |
Elder Ray (13): | -0.0007 | |
Super Trend (3,10): | 1.2979 | |
Zig ZAG (10): | 1.2906 | |
VORTEX (21): | 0.9928 | |
Stochastique (14,3,5): | 54.13 | |
TEMA (21): | 1.2914 | |
Williams %R (14): | -53.47 | |
Chande Momentum Oscillator (20): | -0.0030 | |
Repulse (5,40,3): | -0.0591 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0031 | |
Courbe Coppock: | 0.38 |
MA7: | 1.2972 | |
MA20: | 1.2893 | |
MA50: | 1.3018 | |
MA100: | 1.2838 | |
MAexp7: | 1.2911 | |
MAexp20: | 1.2916 | |
MAexp50: | 1.2914 | |
MAexp100: | 1.2921 | |
Price / MA7: | -0.59% | |
Price / MA20: | +0.02% | |
Price / MA50: | -0.94% | |
Price / MA100: | +0.44% | |
Price / MAexp7: | -0.12% | |
Price / MAexp20: | -0.16% | |
Price / MAexp50: | -0.15% | |
Price / MAexp100: | -0.20% |
Quotes :
2020-10-16 13:05:50
-
Real time data
-
Forex
News
The latest news and videos published on GBP/USD at the time of the analysis were as follows:
- GBP/USD Technical Analysis For October 16, 2020 By FX Empire
- GBP/USD Technical Analysis for October 16, 2020 by FXEmpire
- GBP/USD Technical Analysis For October 15, 2020 By FX Empire
- GBP/USD Technical Analysis for October 15, 2020 by FXEmpire
- GBP/USD Technical Analysis For October 14, 2020 By FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis GBP/USD - 15 min.