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 03/29/2021 (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: Slightly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.3800 USD
My targets
1.3733 USD (-0.0027)
1.3708 USD (-0.0052)
My analysis
GBP/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 1.3800 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 1.3733 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 1.3708 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 1.3654 USD. Beware of a possible return to above the resistance located at 1.3800 USD which would be a sign of a correction of the short-term bearish excesses registered.

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
3.4

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 1.3760 USD. The price registered a decrease of -0.23% on the session and was between 1.3756 USD and 1.3847 USD. This implies that the price is at +0.03% from its lowest and at -0.63% from its highest.

1.3756
1.3847
1.3760

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this GBP/USD chart shows a slightly bearish trend. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3654 1.3708 1.3733 1.3760 1.3800 1.3878 1.3959
Change (%) -0.77% -0.38% -0.20% - +0.29% +0.86% +1.45%
Change -0.0106 -0.0052 -0.0027 - +0.0040 +0.0118 +0.0199
Level Intermediate Minor Intermediate - Major 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
Standard1.36801.37111.37511.37821.38221.38531.3893
Camarilla1.37721.37781.37851.37911.37981.38041.3811
Woodie1.36851.37131.37561.37841.38271.38551.3898
Fibonacci1.37111.37381.37551.37821.38091.38261.3853


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.34751.35721.36821.37791.38891.39861.4096
Camarilla1.37341.37531.37721.37911.38101.38291.3848
Woodie1.34811.35751.36881.37821.38951.39891.4102
Fibonacci1.35721.36511.37001.37791.38581.39071.3986


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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 42.86
MACD (12,26,9): -0.0003
Directional Movement: -9.9405
AROON (14): -42.8572
DEMA (21): 1.3783
Parabolic SAR (0,02-0,02-0,2): 1.3827
Elder Ray (13): -0.0018
Super Trend (3,10): 1.3827
Zig ZAG (10): 1.3761
VORTEX (21): 0.9415
Stochastique (14,3,5): 7.33
TEMA (21): 1.3772
Williams %R (14): -92.31
Chande Momentum Oscillator (20): -0.0047
Repulse (5,40,3): -0.0971
ROCnROLL: 2
TRIX (15,9): 0.0038
Courbe Coppock: 0.13
MA7: 1.3778
MA20: 1.3865
MA50: 1.3836
MA100: 1.3628
MAexp7: 1.3774
MAexp20: 1.3784
MAexp50: 1.3777
MAexp100: 1.3777
Price / MA7: -0.13%
Price / MA20: -0.76%
Price / MA50: -0.55%
Price / MA100: +0.97%
Price / MAexp7: -0.10%
Price / MAexp20: -0.17%
Price / MAexp50: -0.12%
Price / MAexp100: -0.12%

Quotes : 2021-03-29 20:16:06 - Real time data - Forex

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

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