GBP/USD - Daily - Technical analysis published on 03/26/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
28%
44%
28%
My opinion
Bearish under 1.3986 USD
My targets
1.3473 USD (-0.0324)
1.3057 USD (-0.0740)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for GBP/USD as long as the price remains well below 1.3986 USD. The next bearish objective for sellers is set at 1.3473 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.3057 USD. In case of crossing, the next objective would be the support located at 1.2704 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 1.3473 USD. With this support, against the trend traders who want to buy GBP/USD on a buy signal from their trading strategy should not hesitate to act.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
0.9
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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 1.3797 USD. The price has increased by +0.37% since the last closing and was between 1.3742 USD and 1.3813 USD. This implies that the price is at +0.40% from its lowest and at -0.12% from its highest.1.3742
1.3813
1.3797
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/USD:
Technical
A technical analysis in Daily of this GBP/USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2704 | 1.3057 | 1.3473 | 1.3797 | 1.3800 | 1.3986 | 1.4146 |
| Change (%) | -7.92% | -5.36% | -2.35% | - | +0.02% | +1.37% | +2.53% |
| Change | -0.1093 | -0.0740 | -0.0324 | - | +0.0003 | +0.0189 | +0.0349 |
| Level | Major | Intermediate | Major | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3615 | 1.3643 | 1.3694 | 1.3722 | 1.3773 | 1.3801 | 1.3852 |
| Camarilla | 1.3724 | 1.3732 | 1.3739 | 1.3746 | 1.3753 | 1.3761 | 1.3768 |
| Woodie | 1.3628 | 1.3649 | 1.3707 | 1.3728 | 1.3786 | 1.3807 | 1.3865 |
| Fibonacci | 1.3643 | 1.3673 | 1.3692 | 1.3722 | 1.3752 | 1.3771 | 1.3801 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3588 | 1.3699 | 1.3781 | 1.3892 | 1.3974 | 1.4085 | 1.4167 |
| Camarilla | 1.3811 | 1.3829 | 1.3846 | 1.3864 | 1.3882 | 1.3899 | 1.3917 |
| Woodie | 1.3575 | 1.3692 | 1.3768 | 1.3885 | 1.3961 | 1.4078 | 1.4154 |
| Fibonacci | 1.3699 | 1.3772 | 1.3818 | 1.3892 | 1.3965 | 1.4011 | 1.4085 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.57 | |
| MACD (12,26,9): | -0.0024 | |
| Directional Movement: | -4.9916 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 1.3836 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3906 | |
| Elder Ray (13): | -0.0056 | |
| Super Trend (3,10): | 1.4014 | |
| Zig ZAG (10): | 1.3797 | |
| VORTEX (21): | 0.8811 | |
| Stochastique (14,3,5): | 22.61 | |
| TEMA (21): | 1.3774 | |
| Williams %R (14): | -59.40 | |
| Chande Momentum Oscillator (20): | -0.0126 | |
| Repulse (5,40,3): | 0.4139 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0031 | |
| Courbe Coppock: | 1.51 |
| MA7: | 1.3802 | |
| MA20: | 1.3873 | |
| MA50: | 1.3833 | |
| MA100: | 1.3621 | |
| MAexp7: | 1.3798 | |
| MAexp20: | 1.3850 | |
| MAexp50: | 1.3799 | |
| MAexp100: | 1.3625 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | -0.55% | |
| Price / MA50: | -0.26% | |
| Price / MA100: | +1.29% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | +1.26% |
Quotes :
2021-03-26 15:34:10
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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:
-
GBP/USD Technical Analysis for the Week of March 29, 2021 by FXEmpire
-
GBP/USD Technical Analysis for March 29, 2021 by FXEmpire
-
GBP/USD Daily Forecast - Resistance At 1.3780 In Sight
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GBP/USD Technical Analysis for March 26, 2021 by FXEmpire
-
GBP/USD Daily Forecast - U.S. Dollar Tries To Gain More Ground Against British Pound
This member declared not having a position on this financial instrument or a related financial instrument.
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