GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
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Change: -
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High / Low range: -
Type: Forex
Ticker: GBPUSD
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GBP/USD - 1H - Technical analysis published on 02/12/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Neutral
Technical indicators
17%
50%
33%
My opinion
Bearish under 1.3828 USD
My targets
1.3740 USD (-0.0073)
1.3679 USD (-0.0134)
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 1.3828 USD, a sale could be considered. The first bearish objective is located at 1.3740 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 1.3679 USD. If there is any crossing, the next objective would be support 1.3652 USD. Caution, if there is a return to above 1.3828 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
2.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever 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 content. 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.

This analysis was given by m_showlag. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/USD price is 1.3813 USD. The price has increased by +0.01% since the last closing with the lowest point at 1.3808 USD and the highest point at 1.3814 USD. The deviation from the price is +0.04% for the low point and -0.01% for the high point.

1.3808
1.3814
1.3813

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of GBP/USD indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

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:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3679 1.3740 1.3800 1.3813 1.3828 1.3866 1.4340
Change (%) -0.97% -0.53% -0.09% - +0.11% +0.38% +3.82%
Change -0.0134 -0.0073 -0.0013 - +0.0015 +0.0053 +0.0527
Level Intermediate Intermediate Intermediate - Minor Intermediate Major



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
Standard1.37301.37661.37881.38241.38461.38821.3904
Camarilla1.37951.38001.38061.38111.38161.38221.3827
Woodie1.37241.37631.37821.38211.38401.38791.3898
Fibonacci1.37661.37881.38021.38241.38461.38601.3882


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.34241.34951.36161.36871.38081.38791.4000
Camarilla1.36841.37021.37191.37371.37551.37721.3790
Woodie1.34491.35081.36411.37001.38331.38921.4025
Fibonacci1.34951.35681.36141.36871.37601.38061.3879


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.32091.33301.35171.36381.38251.39461.4133
Camarilla1.36191.36481.36761.37041.37321.37611.3789
Woodie1.32421.33471.35501.36551.38581.39631.4166
Fibonacci1.33301.34481.35201.36381.37561.38281.3946

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): 43.79
MACD (12,26,9): -0.0005
Directional Movement: -6.5619
AROON (14): -28.5714
DEMA (21): 1.3814
Parabolic SAR (0,02-0,02-0,2): 1.3828
Elder Ray (13): -0.0006
Super Trend (3,10): 1.3850
Zig ZAG (10): 1.3813
VORTEX (21): 0.9335
Stochastique (14,3,5): 30.30
TEMA (21): 1.3808
Williams %R (14): -77.27
Chande Momentum Oscillator (20): -0.0016
Repulse (5,40,3): -0.0125
ROCnROLL: 2
TRIX (15,9): -0.0042
Courbe Coppock: 0.31
MA7: 1.3774
MA20: 1.3712
MA50: 1.3587
MA100: 1.3334
MAexp7: 1.3814
MAexp20: 1.3820
MAexp50: 1.3817
MAexp100: 1.3792
Price / MA7: +0.28%
Price / MA20: +0.74%
Price / MA50: +1.66%
Price / MA100: +3.59%
Price / MAexp7: -0.01%
Price / MAexp20: -0.05%
Price / MAexp50: -0.03%
Price / MAexp100: +0.15%

Quotes : 2021-02-12 00:15:21 - Real time data - Forex

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

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