GBP/USD - 1H - Technical analysis published on 09/16/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 1.3851 USD
My targets
1.3800 USD (-0.0026)
1.3768 USD (-0.0058)
My analysis
There is a bearish trend on GBP/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.3851 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.3800 USD. Then the price could move towards 1.3768 USD. Then 1.3726 USD by extension. Be careful, a return to above the resistance 1.3851 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.3826 USD. On the day, this instrument lost -0.16% and was between 1.3812 USD and 1.3850 USD. This implies that the price is at +0.10% from its lowest and at -0.17% from its highest.1.3812
1.3850
1.3826
A study of price movements over other periods shows the following variations:
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. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3726 | 1.3768 | 1.3800 | 1.3826 | 1.3832 | 1.3851 | 1.3889 |
| Change (%) | -0.72% | -0.42% | -0.19% | - | +0.04% | +0.18% | +0.46% |
| Change | -0.0100 | -0.0058 | -0.0026 | - | +0.0006 | +0.0025 | +0.0063 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3747 | 1.3769 | 1.3809 | 1.3831 | 1.3871 | 1.3893 | 1.3933 |
| Camarilla | 1.3831 | 1.3837 | 1.3842 | 1.3848 | 1.3854 | 1.3859 | 1.3865 |
| Woodie | 1.3755 | 1.3774 | 1.3817 | 1.3836 | 1.3879 | 1.3898 | 1.3941 |
| Fibonacci | 1.3769 | 1.3793 | 1.3808 | 1.3831 | 1.3855 | 1.3870 | 1.3893 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3583 | 1.3655 | 1.3746 | 1.3818 | 1.3909 | 1.3981 | 1.4072 |
| Camarilla | 1.3793 | 1.3808 | 1.3823 | 1.3838 | 1.3853 | 1.3868 | 1.3883 |
| Woodie | 1.3594 | 1.3660 | 1.3757 | 1.3823 | 1.3920 | 1.3986 | 1.4083 |
| Fibonacci | 1.3655 | 1.3717 | 1.3755 | 1.3818 | 1.3880 | 1.3918 | 1.3981 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3227 | 1.3415 | 1.3583 | 1.3771 | 1.3939 | 1.4127 | 1.4295 |
| Camarilla | 1.3654 | 1.3687 | 1.3719 | 1.3752 | 1.3785 | 1.3817 | 1.3850 |
| Woodie | 1.3218 | 1.3410 | 1.3574 | 1.3766 | 1.3930 | 1.4122 | 1.4286 |
| Fibonacci | 1.3415 | 1.3551 | 1.3635 | 1.3771 | 1.3907 | 1.3991 | 1.4127 |
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): | 46.76 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -4.5865 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 1.3833 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3848 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 1.3806 | |
| Zig ZAG (10): | 1.3821 | |
| VORTEX (21): | 1.0135 | |
| Stochastique (14,3,5): | 16.26 | |
| TEMA (21): | 1.3828 | |
| Williams %R (14): | -78.05 | |
| Chande Momentum Oscillator (20): | -0.0017 | |
| Repulse (5,40,3): | -0.0712 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0017 | |
| Courbe Coppock: | 0.10 |
| MA7: | 1.3823 | |
| MA20: | 1.3783 | |
| MA50: | 1.3808 | |
| MA100: | 1.3914 | |
| MAexp7: | 1.3828 | |
| MAexp20: | 1.3833 | |
| MAexp50: | 1.3833 | |
| MAexp100: | 1.3832 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.31% | |
| Price / MA50: | +0.13% | |
| Price / MA100: | -0.63% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.04% |
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:
-
GBP/USD Technical Analysis for September 16, 2021 by FXEmpire
-
GBP/USD Technical Analysis for September 15, 2021 by FXEmpire
-
GBP/USD Technical Analysis for September 14, 2021 by FXEmpire
-
GBP/USD Technical Analysis for the Week of September 13, 2021 by FXEmpire
-
GBP/USD Technical Analysis for September 13, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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