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 05/13/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 1.4080 USD
My targets
1.3981 USD (-0.0051)
1.3926 USD (-0.0106)
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 1.4080 USD. The next support located at 1.3981 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 1.3926 USD. Below this support, sellers could then target 1.3838 USD.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.1

Complete this analysis for 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 1.4032 USD. The price registered a decrease of -0.21% on the session with the lowest point at 1.4005 USD and the highest point at 1.4078 USD. The deviation from the price is +0.19% for the low point and -0.33% for the high point.

1.4005
1.4078
1.4032

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/USD chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3838 1.3926 1.3981 1.4032 1.4044 1.4080 1.4146
Change (%) -1.38% -0.76% -0.36% - +0.09% +0.34% +0.81%
Change -0.0194 -0.0106 -0.0051 - +0.0012 +0.0048 +0.0114
Level Major Major Minor - Minor Minor Major



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
Standard1.39211.39851.40241.40881.41271.41911.4230
Camarilla1.40341.40431.40531.40621.40711.40811.4090
Woodie1.39081.39791.40111.40821.41141.41851.4217
Fibonacci1.39851.40251.40491.40881.41281.41521.4191


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.36561.37291.38611.39341.40661.41391.4271
Camarilla1.39381.39561.39751.39941.40131.40321.4050
Woodie1.36871.37441.38921.39491.40971.41541.4302
Fibonacci1.37291.38071.38551.39341.40121.40601.4139


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.33151.34921.36551.38321.39951.41721.4335
Camarilla1.37251.37561.37871.38181.38491.38801.3912
Woodie1.33081.34891.36481.38291.39881.41691.4328
Fibonacci1.34921.36221.37021.38321.39621.40421.4172

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.03
MACD (12,26,9): -0.0015
Directional Movement: -4.6832
AROON (14): -64.2857
DEMA (21): 1.4032
Parabolic SAR (0,02-0,02-0,2): 1.4011
Elder Ray (13): -0.0003
Super Trend (3,10): 1.4078
Zig ZAG (10): 1.4046
VORTEX (21): 0.9548
Stochastique (14,3,5): 58.22
TEMA (21): 1.4029
Williams %R (14): -58.57
Chande Momentum Oscillator (20): -0.0026
Repulse (5,40,3): -0.1224
ROCnROLL: 2
TRIX (15,9): -0.0184
Courbe Coppock: 0.36
MA7: 1.4024
MA20: 1.3945
MA50: 1.3873
MA100: 1.3809
MAexp7: 1.4042
MAexp20: 1.4053
MAexp50: 1.4073
MAexp100: 1.4061
Price / MA7: +0.06%
Price / MA20: +0.62%
Price / MA50: +1.15%
Price / MA100: +1.61%
Price / MAexp7: -0.07%
Price / MAexp20: -0.15%
Price / MAexp50: -0.29%
Price / MAexp100: -0.21%

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.

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