GBP/USD - 15 min. - Technical analysis published on 02/16/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 1.3940 USD
My targets
1.3893 USD (-0.0013)
1.3868 USD (-0.0038)
My analysis
The bearish basic trend is very strong on GBP/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1.3940 USD. Crossing the first support at 1.3893 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 1.3868 USD as an objective. Crossing it would then enable sellers to target 1.3821 USD. Caution, a return to above the resistance located at 1.3940 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.
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
7.1
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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
GBP/USD rating 1.3906 USD. On the day, this instrument lost -0.06% and was between 1.3869 USD and 1.3952 USD. This implies that the price is at +0.27% from its lowest and at -0.33% from its highest.1.3869
1.3952
1.3906
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 15 min. of this GBP/USD chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3680 | 1.3741 | 1.3800 | 1.3906 | 1.3918 | 1.4340 | 1.7156 |
| Change (%) | -1.63% | -1.19% | -0.76% | - | +0.09% | +3.12% | +23.37% |
| Change | -0.0226 | -0.0165 | -0.0106 | - | +0.0012 | +0.0434 | +0.3250 |
| Level | Intermediate | Intermediate | Minor | - | 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 | 1.3796 | 1.3821 | 1.3868 | 1.3893 | 1.3940 | 1.3965 | 1.4012 |
| Camarilla | 1.3894 | 1.3901 | 1.3907 | 1.3914 | 1.3921 | 1.3927 | 1.3934 |
| Woodie | 1.3806 | 1.3827 | 1.3878 | 1.3899 | 1.3950 | 1.3971 | 1.4022 |
| Fibonacci | 1.3821 | 1.3849 | 1.3866 | 1.3893 | 1.3921 | 1.3938 | 1.3965 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.61 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.5211 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.3907 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3924 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 1.3888 | |
| Zig ZAG (10): | 1.3905 | |
| VORTEX (21): | 0.9597 | |
| Stochastique (14,3,5): | 10.62 | |
| TEMA (21): | 1.3908 | |
| Williams %R (14): | -84.21 | |
| Chande Momentum Oscillator (20): | -0.0009 | |
| Repulse (5,40,3): | -0.0138 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0001 | |
| Courbe Coppock: | 0.09 |
| MA7: | 1.3840 | |
| MA20: | 1.3743 | |
| MA50: | 1.3606 | |
| MA100: | 1.3358 | |
| MAexp7: | 1.3906 | |
| MAexp20: | 1.3908 | |
| MAexp50: | 1.3911 | |
| MAexp100: | 1.3912 | |
| Price / MA7: | +0.48% | |
| Price / MA20: | +1.19% | |
| Price / MA50: | +2.20% | |
| Price / MA100: | +4.10% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.04% |
Quotes :
2021-02-16 22:06:09
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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 Price Forecast - British Pound Stalling
-
GBP/USD Technical Analysis For February 16, 2021 By FX Empire
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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
-
GBP/USD Technical Analysis for the Week of February 15, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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