GBP/USD - 15 min. - Technical analysis published on 12/16/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
22%
44%
33%
My opinion
Bearish under 1.3496 USD
My targets
1.3421 USD (-0.0040)
1.3372 USD (-0.0089)
My analysis
The strong short-term decrease of GBP/USD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 1.3496 USD, a sale could be considered. The first bearish objective is located at 1.3421 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 1.3372 USD. If there is any crossing, the next objective would be support 1.3297 USD. Caution, if there is a return to above 1.3496 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.1
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD price is 1.3461 USD. The price registered an increase of +0.10% on the session and was traded between 1.3434 USD and 1.3554 USD over the period. The price is currently at +0.20% from its lowest and -0.69% from its highest.1.3434
1.3554
1.3461
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GBP/USD indicates that the overall trend is not clearly defined. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3225 | 1.3280 | 1.3383 | 1.3461 | 1.3473 | 1.3540 | 1.3800 |
| Change (%) | -1.75% | -1.34% | -0.58% | - | +0.09% | +0.59% | +2.52% |
| Change | -0.0236 | -0.0181 | -0.0078 | - | +0.0012 | +0.0079 | +0.0339 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3248 | 1.3297 | 1.3372 | 1.3421 | 1.3496 | 1.3545 | 1.3620 |
| Camarilla | 1.3413 | 1.3424 | 1.3436 | 1.3447 | 1.3458 | 1.3470 | 1.3481 |
| Woodie | 1.3261 | 1.3304 | 1.3385 | 1.3428 | 1.3509 | 1.3552 | 1.3633 |
| Fibonacci | 1.3297 | 1.3344 | 1.3374 | 1.3421 | 1.3468 | 1.3498 | 1.3545 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2736 | 1.2935 | 1.3080 | 1.3279 | 1.3424 | 1.3623 | 1.3768 |
| Camarilla | 1.3130 | 1.3162 | 1.3194 | 1.3225 | 1.3257 | 1.3288 | 1.3320 |
| Woodie | 1.2709 | 1.2922 | 1.3053 | 1.3266 | 1.3397 | 1.3610 | 1.3741 |
| Fibonacci | 1.2935 | 1.3066 | 1.3148 | 1.3279 | 1.3410 | 1.3492 | 1.3623 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2452 | 1.2653 | 1.2995 | 1.3196 | 1.3538 | 1.3739 | 1.4081 |
| Camarilla | 1.3187 | 1.3237 | 1.3286 | 1.3336 | 1.3386 | 1.3436 | 1.3485 |
| Woodie | 1.2522 | 1.2688 | 1.3065 | 1.3231 | 1.3608 | 1.3774 | 1.4151 |
| Fibonacci | 1.2653 | 1.2861 | 1.2989 | 1.3196 | 1.3404 | 1.3532 | 1.3739 |
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): | 46.96 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -5.8200 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 1.3485 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3461 | |
| Elder Ray (13): | -0.0007 | |
| Super Trend (3,10): | 1.3517 | |
| Zig ZAG (10): | 1.3470 | |
| VORTEX (21): | 0.8418 | |
| Stochastique (14,3,5): | 47.71 | |
| TEMA (21): | 1.3474 | |
| Williams %R (14): | -56.60 | |
| Chande Momentum Oscillator (20): | -0.0011 | |
| Repulse (5,40,3): | -0.0083 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0073 | |
| Courbe Coppock: | 0.37 |
| MA7: | 1.3357 | |
| MA20: | 1.3358 | |
| MA50: | 1.3181 | |
| MA100: | 1.3108 | |
| MAexp7: | 1.3481 | |
| MAexp20: | 1.3493 | |
| MAexp50: | 1.3492 | |
| MAexp100: | 1.3470 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | +0.77% | |
| Price / MA50: | +2.12% | |
| Price / MA100: | +2.69% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | -0.07% |
Quotes :
2020-12-16 19:16:53
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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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GBP/USD Technical Analysis for December 17, 2020 by FXEmpire
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GBP/USD Technical Analysis For December 16, 2020 By FX Empire
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GBP/USD Technical Analysis for December 16, 2020 by FXEmpire
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GBP/USD Technical Analysis For December 15, 2020 By FX Empire
-
GBP/USD Technical Analysis for December 15, 2020 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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