GBP/USD
GBP USD
1.3584 USD (-0.72%)
Closed Real time data - Forex
Open: 1.3682
Change: -0.0099
Volume: 174,212
Low: 1.3572
High: 1.3698
High / Low range: 0.0126
Type: Forex
Ticker: GBPUSD
ISIN:

GBP/USD - 15 min. - Technical analysis published on 11/19/2020

  • 104
  • 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 2020-11-19 03:55:07
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 1.3269 USD
My targets
1.3200 USD (-0.0029)
1.3156 USD (-0.0073)
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 1.3269 USD. The sellers” bearish objective is set at 1.3200 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.3156 USD. In case of crossing, the next objective would be the support located at 1.3106 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4

This analysis was given by huthayfa. 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

The GBP/USD rating is 1.3229 USD. On the day, this instrument lost -0.17% and was between 1.3226 USD and 1.3252 USD. This implies that the price is at +0.02% from its lowest and at -0.17% from its highest.

1.3226
1.3252
1.3229

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 15 minutes


Resistance of triangle is broken

Type : Bullish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3106 1.3166 1.3192 1.3229 1.3242 1.3263 1.3313
Change (%) -0.93% -0.48% -0.28% - +0.10% +0.26% +0.63%
Change -0.0123 -0.0063 -0.0037 - +0.0013 +0.0034 +0.0084
Level Intermediate Minor Minor - 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
Standard1.31561.32001.32251.32691.32941.33381.3363
Camarilla1.32321.32381.32451.32511.32571.32641.3270
Woodie1.31481.31951.32171.32641.32861.33331.3355
Fibonacci1.32001.32261.32421.32691.32951.33111.3338


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.28901.29981.30981.32061.33061.34141.3514
Camarilla1.31411.31601.31791.31981.32171.32361.3255
Woodie1.28861.29961.30941.32041.33021.34121.3510
Fibonacci1.29981.30781.31271.32061.32861.33351.3414


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.24271.26241.27841.29811.31411.33381.3498
Camarilla1.28471.28801.29121.29451.29781.30111.3043
Woodie1.24101.26151.27671.29721.31241.33291.3481
Fibonacci1.26241.27601.28441.29811.31171.32011.3338

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): 30.79
MACD (12,26,9): -0.0009
Directional Movement: -18.6323
AROON (14): -28.5714
DEMA (21): 1.3231
Parabolic SAR (0,02-0,02-0,2): 1.3227
Elder Ray (13): -0.0007
Super Trend (3,10): 1.3251
Zig ZAG (10): 1.3231
VORTEX (21): 0.7376
Stochastique (14,3,5): 21.55
TEMA (21): 1.3228
Williams %R (14): -84.21
Chande Momentum Oscillator (20): -0.0003
Repulse (5,40,3): -0.0582
ROCnROLL: 2
TRIX (15,9): -0.0113
Courbe Coppock: 0.20
MA7: 1.3214
MA20: 1.3110
MA50: 1.2991
MA100: 1.2975
MAexp7: 1.3234
MAexp20: 1.3244
MAexp50: 1.3258
MAexp100: 1.3262
Price / MA7: +0.11%
Price / MA20: +0.91%
Price / MA50: +1.83%
Price / MA100: +1.96%
Price / MAexp7: -0.04%
Price / MAexp20: -0.11%
Price / MAexp50: -0.22%
Price / MAexp100: -0.25%

Quotes : 2020-11-19 03:55:06 - 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 :
13572
Number of analyses :
Followers :
0

Add a comment

no pic

Comments

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