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 04/08/2021 (GMT)

  • 110
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Are you looking for opportunities in indices and forex?
Discover Londinia Opportunities...

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 1.3756 USD
My targets
1.3706 USD (-0.0034)
1.3593 USD (-0.0147)
My analysis
GBP/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.3756 USD. The next support located at 1.3706 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.3593 USD. Below this support, sellers could then target 1.3473 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6

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

Additional analysis

Quotes

The GBP/USD price is 1.3740 USD. The price registered a decrease of -0.01% on the session with the lowest point at 1.3739 USD and the highest point at 1.3743 USD. The deviation from the price is +0.01% for the low point and -0.02% for the high point.

1.3739
1.3743
1.3740

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 sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 3 are neutral and 9 are 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

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

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


S3S2S1PriceR1R2R3
ProTrendLines 1.3132 1.3473 1.3706 1.3740 1.3756 1.3783 1.3800
Change (%) -4.43% -1.94% -0.25% - +0.12% +0.31% +0.44%
Change -0.0608 -0.0267 -0.0034 - +0.0016 +0.0043 +0.0060
Level Minor Major Minor - Minor Minor Major



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
Standard1.35811.36521.36971.37681.38131.38841.3929
Camarilla1.37091.37201.37301.37411.37521.37621.3773
Woodie1.35671.36461.36831.37621.37991.38781.3915
Fibonacci1.36521.36971.37241.37681.38131.38401.3884


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35931.36491.37401.37961.38871.39431.4034
Camarilla1.37901.38031.38171.38301.38441.38571.3870
Woodie1.36101.36581.37571.38051.39041.39521.4051
Fibonacci1.36491.37061.37401.37961.38531.38871.3943


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.32851.34771.36321.38241.39791.41711.4326
Camarilla1.36911.37221.37541.37861.38181.38501.3881
Woodie1.32661.34681.36131.38151.39601.41621.4307
Fibonacci1.34771.36101.36921.38241.39571.40391.4171

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): 39.12
MACD (12,26,9): -0.0026
Directional Movement: -11.5753
AROON (14): -71.4286
DEMA (21): 1.3732
Parabolic SAR (0,02-0,02-0,2): 1.3789
Elder Ray (13): -0.0016
Super Trend (3,10): 1.3799
Zig ZAG (10): 1.3741
VORTEX (21): 0.8396
Stochastique (14,3,5): 12.12
TEMA (21): 1.3724
Williams %R (14): -84.68
Chande Momentum Oscillator (20): -0.0074
Repulse (5,40,3): 0.0150
ROCnROLL: 2
TRIX (15,9): -0.0258
Courbe Coppock: 1.03
MA7: 1.3812
MA20: 1.3837
MA50: 1.3854
MA100: 1.3671
MAexp7: 1.3742
MAexp20: 1.3767
MAexp50: 1.3802
MAexp100: 1.3814
Price / MA7: -0.52%
Price / MA20: -0.70%
Price / MA50: -0.82%
Price / MA100: +0.50%
Price / MAexp7: -0.02%
Price / MAexp20: -0.20%
Price / MAexp50: -0.46%
Price / MAexp100: -0.54%

Quotes : - Real time data - Forex

News


Don"t forget to follow the news on GBP/USD. At the time of publication of this analysis, the latest news was as follows:

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

About author

Online

Overall rating :
13698
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis GBP/USD - 1H