GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: GBPUSD
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GBP/USD - 1H - Technical analysis published on 04/08/2021 (GMT)

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

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Summary of the analysis

Trends
Court terme: Bearish
De fond: Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 1.3800 USD
My targets
1.3706 USD (-0.0040)
1.3593 USD (-0.0153)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBP/USD as long as the price remains well below 1.3800 USD. The next bearish objective for sellers is set at 1.3706 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.3593 USD. If there is any crossing, the next objective would be the support located at 1.3473 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.7

This analysis was given by m_showlag. 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 rating is 1.3746 USD. The price registered an increase of +0.04% on the session and was between 1.3719 USD and 1.3783 USD. This implies that the price is at +0.20% from its lowest and at -0.27% from its highest.

1.3719
1.3783
1.3746

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

Technical


Technical analysis of GBP/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 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

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


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3132 1.3473 1.3706 1.3746 1.3756 1.3800 1.3853
Change (%) -4.47% -1.99% -0.29% - +0.07% +0.39% +0.78%
Change -0.0614 -0.0273 -0.0040 - +0.0010 +0.0054 +0.0107
Level Minor Major Intermediate - Minor 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
Standard1.35811.36521.36971.37681.38131.38841.3929
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): 40.47
MACD (12,26,9): -0.0013
Directional Movement: -12.4685
AROON (14): -7.1429
DEMA (21): 1.3736
Parabolic SAR (0,02-0,02-0,2): 1.3782
Elder Ray (13): -0.0012
Super Trend (3,10): 1.3794
Zig ZAG (10): 1.3739
VORTEX (21): 1.0152
Stochastique (14,3,5): 23.96
TEMA (21): 1.3741
Williams %R (14): -67.19
Chande Momentum Oscillator (20): 0.0006
Repulse (5,40,3): -0.0580
ROCnROLL: 2
TRIX (15,9): -0.0165
Courbe Coppock: 0.12
MA7: 1.3811
MA20: 1.3825
MA50: 1.3854
MA100: 1.3676
MAexp7: 1.3747
MAexp20: 1.3755
MAexp50: 1.3783
MAexp100: 1.3801
Price / MA7: -0.47%
Price / MA20: -0.57%
Price / MA50: -0.78%
Price / MA100: +0.51%
Price / MAexp7: -0.01%
Price / MAexp20: -0.07%
Price / MAexp50: -0.27%
Price / MAexp100: -0.40%

Quotes : - Real time data - Forex

News


The last news published on GBP/USD at the time of the generation of this analysis was as follows:

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

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