GBP/USD - 1H - Technical analysis published on 02/15/2021 (GMT)
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- Timeframe : 1H
- - 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
61%
6%
33%
My opinion
Bullish above 1.3866 USD
My targets
1.3987 USD (+0.0077)
1.4109 USD (+0.0199)
My analysis
GBP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.3866 USD. The next resistance located at 1.3987 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.4109 USD. After this resistance, buyers could then target 1.4340 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.9
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD rating is 1.3910 USD. The price registered an increase of +0.38% on the session with the lowest point at 1.3847 USD and the highest point at 1.3919 USD. The deviation from the price is +0.45% for the low point and -0.06% for the high point.1.3847
1.3919
1.3910
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 strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 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 which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3740 | 1.3800 | 1.3866 | 1.3910 | 1.4340 | 1.7156 | 1.9435 |
| Change (%) | -1.22% | -0.79% | -0.32% | - | +3.09% | +23.34% | +39.72% |
| Change | -0.0170 | -0.0110 | -0.0044 | - | +0.0430 | +0.3246 | +0.5525 |
| Level | Intermediate | Major | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3713 | 1.3744 | 1.3801 | 1.3832 | 1.3889 | 1.3920 | 1.3977 |
| Camarilla | 1.3834 | 1.3842 | 1.3850 | 1.3858 | 1.3866 | 1.3874 | 1.3882 |
| Woodie | 1.3726 | 1.3751 | 1.3814 | 1.3839 | 1.3902 | 1.3927 | 1.3990 |
| Fibonacci | 1.3744 | 1.3778 | 1.3798 | 1.3832 | 1.3866 | 1.3886 | 1.3920 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3551 | 1.3615 | 1.3737 | 1.3801 | 1.3923 | 1.3987 | 1.4109 |
| Camarilla | 1.3807 | 1.3824 | 1.3841 | 1.3858 | 1.3875 | 1.3892 | 1.3909 |
| Woodie | 1.3579 | 1.3630 | 1.3765 | 1.3816 | 1.3951 | 1.4002 | 1.4137 |
| Fibonacci | 1.3615 | 1.3686 | 1.3730 | 1.3801 | 1.3872 | 1.3916 | 1.3987 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3209 | 1.3330 | 1.3517 | 1.3638 | 1.3825 | 1.3946 | 1.4133 |
| Camarilla | 1.3619 | 1.3648 | 1.3676 | 1.3704 | 1.3732 | 1.3761 | 1.3789 |
| Woodie | 1.3242 | 1.3347 | 1.3550 | 1.3655 | 1.3858 | 1.3963 | 1.4166 |
| Fibonacci | 1.3330 | 1.3448 | 1.3520 | 1.3638 | 1.3756 | 1.3828 | 1.3946 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 66.61 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | 17.7960 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 1.3918 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3889 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 1.3878 | |
| Zig ZAG (10): | 1.3915 | |
| VORTEX (21): | 1.2372 | |
| Stochastique (14,3,5): | 93.97 | |
| TEMA (21): | 1.3922 | |
| Williams %R (14): | -11.43 | |
| Chande Momentum Oscillator (20): | 0.0015 | |
| Repulse (5,40,3): | 0.0673 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0206 | |
| Courbe Coppock: | 0.35 |
| MA7: | 1.3816 | |
| MA20: | 1.3730 | |
| MA50: | 1.3597 | |
| MA100: | 1.3346 | |
| MAexp7: | 1.3909 | |
| MAexp20: | 1.3893 | |
| MAexp50: | 1.3864 | |
| MAexp100: | 1.3834 | |
| Price / MA7: | +0.68% | |
| Price / MA20: | +1.31% | |
| Price / MA50: | +2.30% | |
| Price / MA100: | +4.23% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.55% |
Quotes :
2021-02-15 17:22:46
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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 February 16, 2021 by FXEmpire
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GBP/USD Technical Analysis For February 15, 2021 By FX Empire
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GBP/USD Technical Analysis for the Week of February 15, 2021 by FXEmpire
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GBP/USD Technical Analysis for February 15, 2021 by FXEmpire
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GBP/USD Technical Analysis For February 12, 2021 By FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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