GBP/USD
GBP USD
1.3922 USD (-0.59%)
Closed Real time data - Forex
Open: 1.4004
Change: -0.0082
Volume: 228,304
Low: 1.3888
High: 1.4022
High / Low range: 0.0134
Type: Forex
Ticker: GBPUSD
ISIN:

GBP/USD - 1H - Technical analysis published on 01/22/2021

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  • Timeframe : 1H
  • - Analysis generated on 2021-01-22 11:16:42
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 1.3682 USD
My targets
1.3623 USD (-0.0045)
1.3584 USD (-0.0084)
My analysis
GBP/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 1.3682 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 1.3623 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 1.3584 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 1.3520 USD. Beware of a possible return to above the resistance located at 1.3682 USD which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
3.9

This analysis was given by m_showlag. Take part yourself by sharing additional analysis on another time unit:
15 min. 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 1.3668 USD. The price registered a decrease of -0.44% on the session and was between 1.3651 USD and 1.3736 USD. This implies that the price is at +0.12% from its lowest and at -0.50% from its highest.

1.3651
1.3736
1.3668

Here is a more detailed summary of the historical variations registered by GBP/USD:

Technical


Technical analysis of GBP/USD in 1H shows an overall slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



The probability of a further decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3520 1.3584 1.3623 1.3668 1.3682 1.3701 1.3746
Change (%) -1.08% -0.61% -0.33% - +0.10% +0.24% +0.57%
Change -0.0148 -0.0084 -0.0045 - +0.0014 +0.0033 +0.0078
Level Intermediate Minor Intermediate - Intermediate Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35901.36241.36771.37111.37641.37981.3851
Camarilla1.37051.37131.37211.37291.37371.37451.3753
Woodie1.35991.36291.36861.37161.37731.38031.3860
Fibonacci1.36241.36581.36781.37111.37451.37651.3798


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.31931.33221.34531.35821.37131.38421.3973
Camarilla1.35131.35361.35601.35841.36081.36321.3656
Woodie1.31941.33231.34541.35831.37141.38431.3974
Fibonacci1.33221.34211.34831.35821.36811.37431.3842


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.27591.29471.33111.34991.38631.40511.4415
Camarilla1.35241.35751.36251.36761.37271.37771.3828
Woodie1.28481.29911.34001.35431.39521.40951.4504
Fibonacci1.29471.31581.32881.34991.37101.38401.4051

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): 38.59
MACD (12,26,9): -0.0008
Directional Movement: -14.8642
AROON (14): -85.7143
DEMA (21): 1.3691
Parabolic SAR (0,02-0,02-0,2): 1.3711
Elder Ray (13): -0.0026
Super Trend (3,10): 1.3723
Zig ZAG (10): 1.3663
VORTEX (21): 0.8514
Stochastique (14,3,5): 25.59
TEMA (21): 1.3680
Williams %R (14): -86.21
Chande Momentum Oscillator (20): -0.0070
Repulse (5,40,3): -0.1098
ROCnROLL: 2
TRIX (15,9): 0.0029
Courbe Coppock: 0.57
MA7: 1.3649
MA20: 1.3609
MA50: 1.3457
MA100: 1.3216
MAexp7: 1.3682
MAexp20: 1.3696
MAexp50: 1.3689
MAexp100: 1.3668
Price / MA7: +0.14%
Price / MA20: +0.43%
Price / MA50: +1.57%
Price / MA100: +3.42%
Price / MAexp7: -0.10%
Price / MAexp20: -0.20%
Price / MAexp50: -0.15%
Price / MAexp100: -0%

Quotes : 2021-01-22 11:16:41 - Real time data - 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:

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

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