GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPUSD
ISIN:

GBP/USD - 1H - Technical analysis published on 03/23/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1.3800 USD
My targets
1.3699 USD (-0.0075)
1.3588 USD (-0.0186)
My analysis
The bearish trend is currently very strong for GBP/USD. As long as the price remains below the resistance at 1.3800 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.3699 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.3588 USD as an objective. Crossing it would then enable sellers to target 1.3473 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1

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 TheFuss. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

GBP/USD rating 1.3774 USD. On the day, this instrument lost -0.61% with the lowest point at 1.3751 USD and the highest point at 1.3862 USD. The deviation from the price is +0.17% for the low point and -0.63% for the high point.

1.3751
1.3862
1.3774

Here is a more detailed summary of the historical variations registered by GBP/USD:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GBP/USD indicates that the overall trend is strongly bearish. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour


Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.2311 1.2704 1.3473 1.3774 1.3800 1.3821 1.3836
Change (%) -10.62% -7.77% -2.19% - +0.19% +0.34% +0.45%
Change -0.1463 -0.1070 -0.0301 - +0.0026 +0.0047 +0.0062
Level Minor Major Major - Major Major Minor



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
Standard1.37651.37911.38251.38511.38851.39111.3945
Camarilla1.38431.38481.38541.38591.38651.38701.3876
Woodie1.37691.37931.38291.38531.38891.39131.3949
Fibonacci1.37911.38141.38281.38511.38741.38881.3911


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35881.36991.37811.38921.39741.40851.4167
Camarilla1.38111.38291.38461.38641.38821.38991.3917
Woodie1.35751.36921.37681.38851.39611.40781.4154
Fibonacci1.36991.37721.38181.38921.39651.40111.4085


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.29021.32341.35781.39101.42541.45861.4930
Camarilla1.37361.37981.38601.39221.39841.40461.4108
Woodie1.29081.32371.35841.39131.42601.45891.4936
Fibonacci1.32341.34921.36521.39101.41681.43281.4586

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): 30.59
MACD (12,26,9): -0.0021
Directional Movement: -23.1523
AROON (14): -85.7142
DEMA (21): 1.3807
Parabolic SAR (0,02-0,02-0,2): 1.3844
Elder Ray (13): -0.0039
Super Trend (3,10): 1.3837
Zig ZAG (10): 1.3787
VORTEX (21): 0.8465
Stochastique (14,3,5): 17.60
TEMA (21): 1.3797
Williams %R (14): -66.37
Chande Momentum Oscillator (20): -0.0071
Repulse (5,40,3): -0.0803
ROCnROLL: 2
TRIX (15,9): -0.0101
Courbe Coppock: 0.77
MA7: 1.3887
MA20: 1.3918
MA50: 1.3827
MA100: 1.3600
MAexp7: 1.3801
MAexp20: 1.3821
MAexp50: 1.3848
MAexp100: 1.3870
Price / MA7: -0.81%
Price / MA20: -1.03%
Price / MA50: -0.38%
Price / MA100: +1.28%
Price / MAexp7: -0.20%
Price / MAexp20: -0.34%
Price / MAexp50: -0.53%
Price / MAexp100: -0.69%

Quotes : 2021-03-23 12:02:44 - Real time data - Forex

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

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