GBP/USD - 15 min. - Technical analysis published on 01/22/2021
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- Timeframe : 15 min.
- - Analysis generated on 2021-01-22 11:12:15
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
56%
11%
My opinion
Bearish under 1.3711 USD
My targets
1.3624 USD (-0.0040)
1.3590 USD (-0.0074)
My analysis
The bearish trend is currently very strong for GBP/USD. As long as the price remains below the resistance at 1.3711 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.3624 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.3590 USD as an objective. Crossing it would then enable sellers to target 1.3584 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
This analysis was given by m_showlag. Take part yourself by sharing additional analysis on another time unit:
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Additional analysis
Quotes
GBP/USD rating 1.3664 USD. On the day, this instrument lost -0.47% and was traded between 1.3651 USD and 1.3736 USD over the period. The price is currently at +0.10% from its lowest and -0.52% from its highest.1.3651
1.3736
1.3664
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 15 min. of this GBP/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
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:
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3520 | 1.3584 | 1.3623 | 1.3664 | 1.3682 | 1.3701 | 1.3746 |
| Change (%) | -1.05% | -0.59% | -0.30% | - | +0.13% | +0.27% | +0.60% |
| Change | -0.0144 | -0.0080 | -0.0041 | - | +0.0018 | +0.0037 | +0.0082 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | 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 | 1.3590 | 1.3624 | 1.3677 | 1.3711 | 1.3764 | 1.3798 | 1.3851 |
| Camarilla | 1.3705 | 1.3713 | 1.3721 | 1.3729 | 1.3737 | 1.3745 | 1.3753 |
| Woodie | 1.3599 | 1.3629 | 1.3686 | 1.3716 | 1.3773 | 1.3803 | 1.3860 |
| Fibonacci | 1.3624 | 1.3658 | 1.3678 | 1.3711 | 1.3745 | 1.3765 | 1.3798 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 36.78 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -21.4136 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 1.3660 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3691 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 1.3656 | |
| Zig ZAG (10): | 1.3663 | |
| VORTEX (21): | 0.8008 | |
| Stochastique (14,3,5): | 18.75 | |
| TEMA (21): | 1.3657 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.0006 | |
| Repulse (5,40,3): | 0.0268 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0125 | |
| Courbe Coppock: | 0.27 |
| MA7: | 1.3649 | |
| MA20: | 1.3609 | |
| MA50: | 1.3457 | |
| MA100: | 1.3216 | |
| MAexp7: | 1.3663 | |
| MAexp20: | 1.3675 | |
| MAexp50: | 1.3692 | |
| MAexp100: | 1.3699 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +1.54% | |
| Price / MA100: | +3.39% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.20% | |
| Price / MAexp100: | -0.26% |
Quotes :
2021-01-22 11:12:14
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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 January 22, 2021 By FX Empire
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GBP/USD Technical Analysis for January 22, 2021 by FXEmpire
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GBP/USD Technical Analysis For January 21, 2021 By FX Empire
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GBP/USD Technical Analysis For January 20, 2021 By FX Empire
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