GBP/USD - 1H - Technical analysis published on 03/30/2021 (GMT)
- 209
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 1.3800 USD
My targets
1.3708 USD (-0.0035)
1.3654 USD (-0.0089)
My analysis
In the short term, we can see an acceleration in the bearish trend on GBP/USD, which is a positive signal for sellers. As long as the price remains above 1.3800 USD, a sale could be considered. The first bearish objective is located at 1.3708 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.3654 USD as an objective. Crossing it would then enable sellers to target 1.3473 USD. If the price were to return above 1.3800 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD rating is 1.3743 USD. The price is lower by -0.23% since the last closing and was traded between 1.3730 USD and 1.3783 USD over the period. The price is currently at +0.09% from its lowest and -0.29% from its highest.1.3730
1.3783
1.3743
Here is a more detailed summary of the historical variations registered by GBP/USD:
Technical
Technical analysis of this 1H chart of GBP/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
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
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
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
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3473 | 1.3654 | 1.3708 | 1.3743 | 1.3756 | 1.3800 | 1.3847 |
| Change (%) | -1.96% | -0.65% | -0.25% | - | +0.09% | +0.41% | +0.76% |
| Change | -0.0270 | -0.0089 | -0.0035 | - | +0.0013 | +0.0057 | +0.0104 |
| Level | Major | Intermediate | Minor | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3647 | 1.3701 | 1.3738 | 1.3792 | 1.3829 | 1.3883 | 1.3920 |
| Camarilla | 1.3749 | 1.3757 | 1.3766 | 1.3774 | 1.3782 | 1.3791 | 1.3799 |
| Woodie | 1.3638 | 1.3697 | 1.3729 | 1.3788 | 1.3820 | 1.3879 | 1.3911 |
| Fibonacci | 1.3701 | 1.3736 | 1.3758 | 1.3792 | 1.3827 | 1.3849 | 1.3883 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3475 | 1.3572 | 1.3682 | 1.3779 | 1.3889 | 1.3986 | 1.4096 |
| Camarilla | 1.3734 | 1.3753 | 1.3772 | 1.3791 | 1.3810 | 1.3829 | 1.3848 |
| Woodie | 1.3481 | 1.3575 | 1.3688 | 1.3782 | 1.3895 | 1.3989 | 1.4102 |
| Fibonacci | 1.3572 | 1.3651 | 1.3700 | 1.3779 | 1.3858 | 1.3907 | 1.3986 |
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): | 41.16 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -12.2520 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.3753 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3773 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 1.3805 | |
| Zig ZAG (10): | 1.3744 | |
| VORTEX (21): | 0.9086 | |
| Stochastique (14,3,5): | 15.33 | |
| TEMA (21): | 1.3745 | |
| Williams %R (14): | -67.92 | |
| Chande Momentum Oscillator (20): | -0.0022 | |
| Repulse (5,40,3): | -0.1042 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0071 | |
| Courbe Coppock: | 0.21 |
| MA7: | 1.3763 | |
| MA20: | 1.3855 | |
| MA50: | 1.3839 | |
| MA100: | 1.3634 | |
| MAexp7: | 1.3752 | |
| MAexp20: | 1.3764 | |
| MAexp50: | 1.3769 | |
| MAexp100: | 1.3772 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | -0.81% | |
| Price / MA50: | -0.69% | |
| Price / MA100: | +0.80% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.19% | |
| Price / MAexp100: | -0.21% |
Quotes :
2021-03-30 12:45:23
-
Real time data
-
Forex
News
The latest news and videos published on GBP/USD at the time of the analysis were as follows:
-
GBP/USD Daily Forecast - U.S. Dollar Tries To Gain More Ground As Treasury Yields Rise
-
GBP/USD Technical Analysis for March 30, 2021 by FXEmpire
-
GBP/USD Daily Forecast - Resistance At 1.3800 Stays Strong
-
GBP/USD Technical Analysis for the Week of March 29, 2021 by FXEmpire
-
GBP/USD Technical Analysis for March 29, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis GBP/USD - 1H