GBP/USD - 1H - Technical analysis published on 10/22/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 1.3820 USD
My targets
1.3690 USD (-0.0091)
1.3667 USD (-0.0114)
My analysis
GBP/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 1.3820 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 1.3690 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 1.3667 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 1.3625 USD. Beware of a possible return to above the resistance located at 1.3820 USD which would be a sign of a correction of the short-term bearish excesses registered.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.5
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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 1.3781 USD. On the day, this instrument lost -0.08% and was between 1.3781 USD and 1.3810 USD. This implies that the price is at 0% from its lowest and at -0.21% from its highest.1.3781
1.3810
1.3781
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/USD:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/USD indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.3667 | 1.3690 | 1.3774 | 1.3781 | 1.3820 | 1.3964 | 1.4046 |
Change (%) | -0.83% | -0.66% | -0.05% | - | +0.28% | +1.33% | +1.92% |
Change | -0.0114 | -0.0091 | -0.0007 | - | +0.0039 | +0.0183 | +0.0265 |
Level | Minor | Intermediate | Major | - | Major | Intermediate | 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 |
---|---|---|---|---|---|---|---|
Standard | 1.3709 | 1.3743 | 1.3767 | 1.3801 | 1.3825 | 1.3859 | 1.3883 |
Camarilla | 1.3776 | 1.3781 | 1.3787 | 1.3792 | 1.3797 | 1.3803 | 1.3808 |
Woodie | 1.3705 | 1.3741 | 1.3763 | 1.3799 | 1.3821 | 1.3857 | 1.3879 |
Fibonacci | 1.3743 | 1.3765 | 1.3779 | 1.3801 | 1.3823 | 1.3837 | 1.3859 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.3416 | 1.3493 | 1.3620 | 1.3697 | 1.3824 | 1.3901 | 1.4028 |
Camarilla | 1.3692 | 1.3711 | 1.3729 | 1.3748 | 1.3767 | 1.3785 | 1.3804 |
Woodie | 1.3442 | 1.3506 | 1.3646 | 1.3710 | 1.3850 | 1.3914 | 1.4054 |
Fibonacci | 1.3493 | 1.3571 | 1.3619 | 1.3697 | 1.3775 | 1.3823 | 1.3901 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.2782 | 1.3097 | 1.3283 | 1.3598 | 1.3784 | 1.4099 | 1.4285 |
Camarilla | 1.3331 | 1.3377 | 1.3423 | 1.3469 | 1.3515 | 1.3561 | 1.3607 |
Woodie | 1.2718 | 1.3065 | 1.3219 | 1.3566 | 1.3720 | 1.4067 | 1.4221 |
Fibonacci | 1.3097 | 1.3288 | 1.3407 | 1.3598 | 1.3789 | 1.3908 | 1.4099 |
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): | 42.66 | |
MACD (12,26,9): | -0.0004 | |
Directional Movement: | -4.6947 | |
AROON (14): | 50.0000 | |
DEMA (21): | 1.3792 | |
Parabolic SAR (0,02-0,02-0,2): | 1.3805 | |
Elder Ray (13): | -0.0004 | |
Super Trend (3,10): | 1.3827 | |
Zig ZAG (10): | 1.3785 | |
VORTEX (21): | 0.9825 | |
Stochastique (14,3,5): | 42.61 | |
TEMA (21): | 1.3788 | |
Williams %R (14): | -82.35 | |
Chande Momentum Oscillator (20): | 0.0011 | |
Repulse (5,40,3): | 0.0361 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0042 | |
Courbe Coppock: | 0.07 |
MA7: | 1.3764 | |
MA20: | 1.3646 | |
MA50: | 1.3712 | |
MA100: | 1.3800 | |
MAexp7: | 1.3795 | |
MAexp20: | 1.3797 | |
MAexp50: | 1.3798 | |
MAexp100: | 1.3780 | |
Price / MA7: | +0.12% | |
Price / MA20: | +0.99% | |
Price / MA50: | +0.50% | |
Price / MA100: | -0.14% | |
Price / MAexp7: | -0.09% | |
Price / MAexp20: | -0.11% | |
Price / MAexp50: | -0.12% | |
Price / MAexp100: | +0.01% |
Quotes :
-
Real time data
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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:
- GBP/USD Technical Analysis for October 22, 2021 by FXEmpire
- GBP/USD Technical Analysis for October 21, 2021 by FXEmpire
- GBP/USD Technical Analysis for October 20, 2021 by FXEmpire
- GBP/USD Technical Analysis for October 19, 2021 by FXEmpire
- GBP/USD Technical Analysis for the Week of October 18, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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