GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: GBPUSD
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GBP/USD - 15 min. - Technical analysis published on 02/24/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.4098 USD
My targets
1.4165 USD (+0.0026)
1.4209 USD (+0.0070)
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 1.4098 USD. The next resistance located at 1.4165 USD is the next bullish target 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 1.4209 USD. After this resistance, buyers could then target 1.4340 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4

This analysis was given by m_showlag. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
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.

Additional analysis

Quotes

The GBP/USD rating is 1.4139 USD. The price has increased by +0.14% since the last closing and was between 1.4082 USD and 1.4242 USD. This implies that the price is at +0.40% from its lowest and at -0.72% from its highest.

1.4082
1.4242
1.4139

Here is a more detailed summary of the historical variations registered by GBP/USD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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


Technical analysis of this 15 min. chart of GBP/USD indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes



In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3952 1.4053 1.4117 1.4139 1.4340 1.7156 1.9435
Change (%) -1.32% -0.61% -0.16% - +1.42% +21.34% +37.46%
Change -0.0187 -0.0086 -0.0022 - +0.0201 +0.3017 +0.5296
Level Intermediate Intermediate Minor - Intermediate Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.40081.40311.40751.40981.41421.41651.4209
Camarilla1.41011.41071.41131.41191.41251.41311.4137
Woodie1.40191.40361.40861.41031.41531.41701.4220
Fibonacci1.40311.40571.40721.40981.41241.41391.4165


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.36711.37501.38781.39571.40851.41641.4292
Camarilla1.39491.39681.39871.40061.40251.40441.4063
Woodie1.36961.37621.39031.39691.41101.41761.4317
Fibonacci1.37501.38291.38781.39571.40361.40851.4164


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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 61.35
MACD (12,26,9): 0.0003
Directional Movement: 9.3347
AROON (14): 78.5714
DEMA (21): 1.4122
Parabolic SAR (0,02-0,02-0,2): 1.4108
Elder Ray (13): 0.0013
Super Trend (3,10): 1.4144
Zig ZAG (10): 1.4138
VORTEX (21): 1.1310
Stochastique (14,3,5): 95.20
TEMA (21): 1.4134
Williams %R (14): -4.76
Chande Momentum Oscillator (20): 0.0030
Repulse (5,40,3): 0.0614
ROCnROLL: 1
TRIX (15,9): -0.0002
Courbe Coppock: 0.33
MA7: 1.4007
MA20: 1.3842
MA50: 1.3691
MA100: 1.3424
MAexp7: 1.4130
MAexp20: 1.4121
MAexp50: 1.4125
MAexp100: 1.4124
Price / MA7: +0.94%
Price / MA20: +2.15%
Price / MA50: +3.27%
Price / MA100: +5.33%
Price / MAexp7: +0.06%
Price / MAexp20: +0.13%
Price / MAexp50: +0.10%
Price / MAexp100: +0.11%

Quotes : 2021-02-24 21:14:23 - Real time data - Forex

News


The last news published on GBP/USD at the time of the generation of this analysis was as follows:

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

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