GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: GBPUSD
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GBP/USD - 15 min. - Technical analysis published on 10/16/2020 (GMT)

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  • Timeframe : 15 min.
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  • Status : LEVEL MAINTAINED

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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:
1H Daily Weekly

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

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:

Central Indicators

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:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard1.27121.28011.28521.29411.29921.30811.3132
Camarilla1.28651.28771.28901.29031.29161.29291.2942
Woodie1.26931.27921.28331.29321.29731.30721.3113
Fibonacci1.28011.28551.28881.29411.29951.30281.3081


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.27061.27761.29111.29811.31161.31861.3321
Camarilla1.29911.30091.30281.30471.30661.30851.3103
Woodie1.27401.27921.29451.29971.31501.32021.3355
Fibonacci1.27761.28541.29021.29811.30591.31071.3186


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.17581.22171.25661.30251.33741.38331.4182
Camarilla1.26941.27681.28421.29161.29901.30641.3138
Woodie1.17041.21901.25121.29981.33201.38061.4128
Fibonacci1.22171.25251.27161.30251.33331.35241.3833

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

This member declared not having a position on this financial instrument or a related financial instrument.

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