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 04/13/2021 (GMT)

  • 114
  • 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!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.3723 USD
My targets
1.3776 USD (+0.0021)
1.3800 USD (+0.0045)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/USD as long as the price remains well above 1.3723 USD. The buyers” bullish objective is set at 1.3776 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3800 USD. If there is any crossing, the next objective would be the resistance located at 1.3853 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

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 price is 1.3755 USD. On the day, this instrument gained +0.02% and was between 1.3694 USD and 1.3769 USD. This implies that the price is at +0.45% from its lowest and at -0.10% from its highest.

1.3694
1.3769
1.3755

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

Technical


Technical analysis of GBP/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently positioned bullish. 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: 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 overbought : over -20

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 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



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour


Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3697 1.3723 1.3746 1.3755 1.3776 1.3800 1.3853
Change (%) -0.42% -0.23% -0.07% - +0.15% +0.33% +0.71%
Change -0.0058 -0.0032 -0.0009 - +0.0021 +0.0045 +0.0098
Level Minor Minor Intermediate - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35811.36251.36891.37331.37971.38411.3905
Camarilla1.37231.37331.37431.37531.37631.37731.3783
Woodie1.35911.36301.36991.37381.38071.38461.3915
Fibonacci1.36251.36661.36921.37331.37741.38001.3841


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.33611.35161.36101.37651.38591.40141.4108
Camarilla1.36371.36591.36821.37051.37281.37511.3774
Woodie1.33321.35011.35811.37501.38301.39991.4079
Fibonacci1.35161.36111.36701.37651.38601.39191.4014


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.17
MACD (12,26,9): 0.0004
Directional Movement: 2.4014
AROON (14): -28.5714
DEMA (21): 1.3751
Parabolic SAR (0,02-0,02-0,2): 1.3762
Elder Ray (13): 0.0007
Super Trend (3,10): 1.3770
Zig ZAG (10): 1.3755
VORTEX (21): 1.0494
Stochastique (14,3,5): 79.80
TEMA (21): 1.3752
Williams %R (14): -15.28
Chande Momentum Oscillator (20): 0.0032
Repulse (5,40,3): 0.0364
ROCnROLL: 1
TRIX (15,9): 0.0029
Courbe Coppock: 0.11
MA7: 1.3776
MA20: 1.3799
MA50: 1.3858
MA100: 1.3690
MAexp7: 1.3751
MAexp20: 1.3746
MAexp50: 1.3741
MAexp100: 1.3747
Price / MA7: -0.15%
Price / MA20: -0.32%
Price / MA50: -0.74%
Price / MA100: +0.47%
Price / MAexp7: +0.03%
Price / MAexp20: +0.07%
Price / MAexp50: +0.10%
Price / MAexp100: +0.06%

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