GBP/USD - 1H - Technical analysis published on 01/27/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 1.3724 USD
My targets
1.3636 USD (-0.0049)
1.3520 USD (-0.0165)
My analysis
In the short term, we can see an acceleration in the bearish trend on GBP/USD, which is a positive signal for sellers. As long as the price remains above 1.3724 USD, a sale could be considered. The first bearish objective is located at 1.3636 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.3520 USD as an objective. Crossing it would then enable sellers to target 1.3473 USD. If the price were to return above 1.3724 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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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 1.3685 USD. The price registered a decrease of -0.41% on the session and was traded between 1.3659 USD and 1.3759 USD over the period. The price is currently at +0.19% from its lowest and -0.54% from its highest.1.3659
1.3759
1.3685
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
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
A technical analysis in 1H of this GBP/USD chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
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 | 1.3520 | 1.3636 | 1.3682 | 1.3685 | 1.3724 | 1.3746 | 1.3800 |
| Change (%) | -1.21% | -0.36% | -0.02% | - | +0.28% | +0.45% | +0.84% |
| Change | -0.0165 | -0.0049 | -0.0003 | - | +0.0039 | +0.0061 | +0.0115 |
| Level | Intermediate | Intermediate | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3516 | 1.3562 | 1.3652 | 1.3698 | 1.3788 | 1.3834 | 1.3924 |
| Camarilla | 1.3704 | 1.3716 | 1.3729 | 1.3741 | 1.3754 | 1.3766 | 1.3778 |
| Woodie | 1.3537 | 1.3573 | 1.3673 | 1.3709 | 1.3809 | 1.3845 | 1.3945 |
| Fibonacci | 1.3562 | 1.3614 | 1.3646 | 1.3698 | 1.3750 | 1.3782 | 1.3834 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3329 | 1.3425 | 1.3555 | 1.3651 | 1.3781 | 1.3877 | 1.4007 |
| Camarilla | 1.3624 | 1.3645 | 1.3665 | 1.3686 | 1.3707 | 1.3727 | 1.3748 |
| Woodie | 1.3347 | 1.3434 | 1.3573 | 1.3660 | 1.3799 | 1.3886 | 1.4025 |
| Fibonacci | 1.3425 | 1.3511 | 1.3564 | 1.3651 | 1.3737 | 1.3790 | 1.3877 |
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): | 45.72 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -12.1096 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.3702 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3666 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 1.3749 | |
| Zig ZAG (10): | 1.3690 | |
| VORTEX (21): | 0.8770 | |
| Stochastique (14,3,5): | 26.77 | |
| TEMA (21): | 1.3690 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.0043 | |
| Repulse (5,40,3): | -0.0399 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0012 | |
| Courbe Coppock: | 0.66 |
| MA7: | 1.3690 | |
| MA20: | 1.3640 | |
| MA50: | 1.3489 | |
| MA100: | 1.3230 | |
| MAexp7: | 1.3693 | |
| MAexp20: | 1.3707 | |
| MAexp50: | 1.3705 | |
| MAexp100: | 1.3695 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | +0.33% | |
| Price / MA50: | +1.45% | |
| Price / MA100: | +3.44% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | -0.07% |
Quotes :
2021-01-27 22:05:17
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Real time data
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Forex
News
The last news published on GBP/USD at the time of the generation of this analysis was as follows:
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GBP/USD Technical Analysis for January 28, 2021 by FXEmpire
-
GBP/USD Technical Analysis For January 27, 2021 By FX Empire
-
GBP/USD Technical Analysis for January 27, 2021 by FXEmpire
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GBP/USD Technical Analysis For January 26, 2021 By FX Empire
-
GBP/USD Technical Analysis For January 25, 2021 By FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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