GBP/USD - 15 min. - Technical analysis published on 01/21/2021 (GMT)
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- 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 bullish
De fond:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 1.3670 USD
My targets
1.3766 USD (+0.0038)
1.3812 USD (+0.0084)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/USD as long as the price remains well above 1.3670 USD. The buyers” bullish objective is set at 1.3766 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3812 USD. If there is any crossing, the next objective would be the resistance located at 1.4340 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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This analysis was given by m_showlag. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD rating is 1.3728 USD. On the day, this instrument gained +0.45% and was between 1.3659 USD and 1.3746 USD. This implies that the price is at +0.51% from its lowest and at -0.13% from its highest.1.3659
1.3746
1.3728
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
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 strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3613 | 1.3655 | 1.3682 | 1.3728 | 1.3800 | 1.4340 | 1.7156 |
| Change (%) | -0.84% | -0.53% | -0.34% | - | +0.52% | +4.46% | +24.97% |
| Change | -0.0115 | -0.0073 | -0.0046 | - | +0.0072 | +0.0612 | +0.3428 |
| Level | Major | Minor | Major | - | Minor | Intermediate | 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 | 1.3524 | 1.3574 | 1.3620 | 1.3670 | 1.3716 | 1.3766 | 1.3812 |
| Camarilla | 1.3641 | 1.3649 | 1.3658 | 1.3667 | 1.3676 | 1.3685 | 1.3693 |
| Woodie | 1.3523 | 1.3573 | 1.3619 | 1.3669 | 1.3715 | 1.3765 | 1.3811 |
| Fibonacci | 1.3574 | 1.3610 | 1.3633 | 1.3670 | 1.3706 | 1.3729 | 1.3766 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3193 | 1.3322 | 1.3453 | 1.3582 | 1.3713 | 1.3842 | 1.3973 |
| Camarilla | 1.3513 | 1.3536 | 1.3560 | 1.3584 | 1.3608 | 1.3632 | 1.3656 |
| Woodie | 1.3194 | 1.3323 | 1.3454 | 1.3583 | 1.3714 | 1.3843 | 1.3974 |
| Fibonacci | 1.3322 | 1.3421 | 1.3483 | 1.3582 | 1.3681 | 1.3743 | 1.3842 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2759 | 1.2947 | 1.3311 | 1.3499 | 1.3863 | 1.4051 | 1.4415 |
| Camarilla | 1.3524 | 1.3575 | 1.3625 | 1.3676 | 1.3727 | 1.3777 | 1.3828 |
| Woodie | 1.2848 | 1.2991 | 1.3400 | 1.3543 | 1.3952 | 1.4095 | 1.4504 |
| Fibonacci | 1.2947 | 1.3158 | 1.3288 | 1.3499 | 1.3710 | 1.3840 | 1.4051 |
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): | 70.98 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 27.3951 | |
| AROON (14): | 42.8572 | |
| DEMA (21): | 1.3732 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3708 | |
| Elder Ray (13): | 0.0011 | |
| Super Trend (3,10): | 1.3708 | |
| Zig ZAG (10): | 1.3733 | |
| VORTEX (21): | 1.2358 | |
| Stochastique (14,3,5): | 79.01 | |
| TEMA (21): | 1.3735 | |
| Williams %R (14): | -9.26 | |
| Chande Momentum Oscillator (20): | 0.0042 | |
| Repulse (5,40,3): | 0.1164 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0114 | |
| Courbe Coppock: | 0.46 |
| MA7: | 1.3649 | |
| MA20: | 1.3601 | |
| MA50: | 1.3448 | |
| MA100: | 1.3213 | |
| MAexp7: | 1.3727 | |
| MAexp20: | 1.3712 | |
| MAexp50: | 1.3692 | |
| MAexp100: | 1.3677 | |
| Price / MA7: | +0.58% | |
| Price / MA20: | +0.93% | |
| Price / MA50: | +2.08% | |
| Price / MA100: | +3.90% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.26% | |
| Price / MAexp100: | +0.37% |
Quotes :
2021-01-21 10:05:14
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Real time data
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Forex
News
Don"t forget to follow the news on GBP/USD. At the time of publication of this analysis, the latest news was as follows:
-
GBP/USD Technical Analysis For January 21, 2021 By FX Empire
-
GBP/USD Price Forecast - British Pound continues to Bang Against Ceiling.
-
GBP/USD Technical Analysis For January 20, 2021 By FX Empire
-
GBP/USD Technical Analysis for January 20, 2021 by FXEmpire
-
GBP/USD Technical Analysis For January 19, 2021 By FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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