GBP/USD - 15 min. - Technical analysis published on 03/08/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 1.3843 USD
My targets
1.3779 USD (-0.0041)
1.3715 USD (-0.0105)
My analysis
The bearish trend is currently very strong for GBP/USD. As long as the price remains below the resistance at 1.3843 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.3779 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.3715 USD as an objective. Crossing it would then enable sellers to target 1.3651 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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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 1.3820 USD. The price is lower by -0.17% since the last closing and was between 1.3800 USD and 1.3866 USD. This implies that the price is at +0.14% from its lowest and at -0.33% from its highest.1.3800
1.3866
1.3820
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this GBP/USD chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.3473 | 1.3654 | 1.3800 | 1.3820 | 1.3920 | 1.4002 | 1.4082 |
| Change (%) | -2.51% | -1.20% | -0.14% | - | +0.72% | +1.32% | +1.90% |
| Change | -0.0347 | -0.0166 | -0.0020 | - | +0.0100 | +0.0182 | +0.0262 |
| Level | Intermediate | Intermediate | Major | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3651 | 1.3715 | 1.3779 | 1.3843 | 1.3907 | 1.3971 | 1.4035 |
| Camarilla | 1.3808 | 1.3820 | 1.3831 | 1.3843 | 1.3855 | 1.3867 | 1.3878 |
| Woodie | 1.3651 | 1.3715 | 1.3779 | 1.3843 | 1.3907 | 1.3971 | 1.4035 |
| Fibonacci | 1.3715 | 1.3764 | 1.3794 | 1.3843 | 1.3892 | 1.3922 | 1.3971 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3504 | 1.3642 | 1.3742 | 1.3880 | 1.3980 | 1.4118 | 1.4218 |
| Camarilla | 1.3778 | 1.3799 | 1.3821 | 1.3843 | 1.3865 | 1.3887 | 1.3909 |
| Woodie | 1.3486 | 1.3633 | 1.3724 | 1.3871 | 1.3962 | 1.4109 | 1.4200 |
| Fibonacci | 1.3642 | 1.3733 | 1.3789 | 1.3880 | 1.3971 | 1.4027 | 1.4118 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2902 | 1.3234 | 1.3578 | 1.3910 | 1.4254 | 1.4586 | 1.4930 |
| Camarilla | 1.3736 | 1.3798 | 1.3860 | 1.3922 | 1.3984 | 1.4046 | 1.4108 |
| Woodie | 1.2908 | 1.3237 | 1.3584 | 1.3913 | 1.4260 | 1.4589 | 1.4936 |
| Fibonacci | 1.3234 | 1.3492 | 1.3652 | 1.3910 | 1.4168 | 1.4328 | 1.4586 |
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): | 43.67 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -1.5446 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.3822 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3839 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.3809 | |
| Zig ZAG (10): | 1.3818 | |
| VORTEX (21): | 0.9940 | |
| Stochastique (14,3,5): | 22.67 | |
| TEMA (21): | 1.3819 | |
| Williams %R (14): | -84.00 | |
| Chande Momentum Oscillator (20): | -0.0017 | |
| Repulse (5,40,3): | 0.0060 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0021 | |
| Courbe Coppock: | 0.23 |
| MA7: | 1.3898 | |
| MA20: | 1.3929 | |
| MA50: | 1.3757 | |
| MA100: | 1.3500 | |
| MAexp7: | 1.3822 | |
| MAexp20: | 1.3826 | |
| MAexp50: | 1.3828 | |
| MAexp100: | 1.3833 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -0.78% | |
| Price / MA50: | +0.46% | |
| Price / MA100: | +2.37% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | -0.09% |
Quotes :
2021-03-08 22:45:14
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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:
-
GBP/USD Technical Analysis for March 9, 2021 by FXEmpire
-
GBP/USD Daily Forecast - British Pound Is Flat Against U.S. Dollar At The Start Of The Week
-
GBP/USD Technical Analysis for the Week of March 8, 2021 by FXEmpire
-
GBP/USD Technical Analysis for March 8, 2021 by FXEmpire
-
GBP/USD Daily Forecast - U.S. Dollar Stays Strong Ahead Of The Weekend
This member declared not having a position on this financial instrument or a related financial instrument.
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