GBP/USD
GBP USD
1.3314 USD (-0.29%)
Closed Real time data - Forex
Open: 1.3353
Change: -0.0039
Volume: 159,866
Low: 1.3288
High: 1.3382
High / Low range: 0.0094
Type: Forex
Ticker: GBPUSD
ISIN:

GBP/USD - 15 min. - Technical analysis published on 10/19/2020

  • Who voted?
  • 85
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on 2020-10-19 22:35:24
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Bearish
De fond: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 1.2964 USD
My targets
1.2913 USD (-0.0037)
1.2863 USD (-0.0087)
My analysis
All elements being rather 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 1.2964 USD. The next bearish objective for sellers is set at 1.2913 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 1.2863 USD. If there is any crossing, the next objective would be the support located at 1.2812 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.8

This analysis was given by ganesand. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

Additional analysis

Quotes

GBP/USD rating 1.2950 USD. The price has increased by +0.28% since the last closing and was traded between 1.2896 USD and 1.3025 USD over the period. The price is currently at +0.42% from its lowest and -0.58% from its highest.

1.2896
1.3025
1.2950

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

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. 67.86% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes



The technical indicators are bullish. There is still some doubt about the price increase.
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 over resistance 2

Type : Neutral

Timeframe : 15 minutes


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.2862 1.2891 1.2922 1.2950 1.2963 1.3006 1.3053
Change (%) -0.68% -0.46% -0.22% - +0.10% +0.43% +0.80%
Change -0.0088 -0.0059 -0.0028 - +0.0013 +0.0056 +0.0103
Level Intermediate Minor Minor - Intermediate 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
Standard1.27621.28121.28631.29131.29641.30141.3065
Camarilla1.28861.28961.29051.29141.29231.29331.2942
Woodie1.27631.28121.28641.29131.29651.30141.3066
Fibonacci1.28121.28511.28741.29131.29521.29751.3014


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.26021.27321.28231.29531.30441.31741.3265
Camarilla1.28531.28741.28941.29141.29341.29551.2975
Woodie1.25831.27221.28041.29431.30251.31641.3246
Fibonacci1.27321.28161.28691.29531.30371.30901.3174


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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 43.91
MACD (12,26,9): -0.0008
Directional Movement: -1.4537
AROON (14): -35.7143
DEMA (21): 1.2942
Parabolic SAR (0,02-0,02-0,2): 1.2936
Elder Ray (13): 0.0003
Super Trend (3,10): 1.2968
Zig ZAG (10): 1.2951
VORTEX (21): 0.8506
Stochastique (14,3,5): 73.73
TEMA (21): 1.2941
Williams %R (14): -30.00
Chande Momentum Oscillator (20): 0.0003
Repulse (5,40,3): 0.0223
ROCnROLL: -1
TRIX (15,9): -0.0117
Courbe Coppock: 0.11
MA7: 1.2975
MA20: 1.2900
MA50: 1.3016
MA100: 1.2843
MAexp7: 1.2947
MAexp20: 1.2953
MAexp50: 1.2963
MAexp100: 1.2959
Price / MA7: -0.19%
Price / MA20: +0.39%
Price / MA50: -0.51%
Price / MA100: +0.83%
Price / MAexp7: +0.02%
Price / MAexp20: -0.02%
Price / MAexp50: -0.10%
Price / MAexp100: -0.07%

Quotes : 2020-10-19 22:35:23 - Real time data - Forex

News


The latest news and videos published on GBP/USD at the time of the analysis were as follows:

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

About author

Online

Overall rating :
13524
Number of analyses :
Followers :
0

Add a comment

no pic

Comments

0 comments on the analysis GBP/USD - 15 min.