GBP/USD - 1H - Technical analysis published on 01/28/2022 (GMT)
- 160
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 1.3435 USD
My targets
1.3358 USD (-0.0028)
1.3209 USD (-0.0177)
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 1.3435 USD. The next bearish objective for sellers is set at 1.3358 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.3209 USD. If there is any crossing, the next objective would be the support located at 1.2977 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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.
This analysis was given by lud1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD rating is 1.3386 USD. On the day, this instrument lost -0.01% with the lowest point at 1.3365 USD and the highest point at 1.3415 USD. The deviation from the price is +0.16% for the low point and -0.22% for the high point.1.3365
1.3415
1.3386
Here is a more detailed summary of the historical variations registered by GBP/USD:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/USD indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2977 | 1.3209 | 1.3358 | 1.3386 | 1.3435 | 1.3473 | 1.3524 |
| Change (%) | -3.06% | -1.32% | -0.21% | - | +0.37% | +0.65% | +1.03% |
| Change | -0.0409 | -0.0177 | -0.0028 | - | +0.0049 | +0.0087 | +0.0138 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3232 | 1.3295 | 1.3341 | 1.3404 | 1.3450 | 1.3513 | 1.3559 |
| Camarilla | 1.3357 | 1.3367 | 1.3377 | 1.3387 | 1.3397 | 1.3407 | 1.3417 |
| Woodie | 1.3224 | 1.3291 | 1.3333 | 1.3400 | 1.3442 | 1.3509 | 1.3551 |
| Fibonacci | 1.3295 | 1.3337 | 1.3362 | 1.3404 | 1.3446 | 1.3471 | 1.3513 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3357 | 1.3451 | 1.3502 | 1.3596 | 1.3647 | 1.3741 | 1.3792 |
| Camarilla | 1.3513 | 1.3526 | 1.3540 | 1.3553 | 1.3566 | 1.3580 | 1.3593 |
| Woodie | 1.3336 | 1.3440 | 1.3481 | 1.3585 | 1.3626 | 1.3730 | 1.3771 |
| Fibonacci | 1.3451 | 1.3506 | 1.3541 | 1.3596 | 1.3651 | 1.3686 | 1.3741 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2889 | 1.3025 | 1.3277 | 1.3413 | 1.3665 | 1.3801 | 1.4053 |
| Camarilla | 1.3421 | 1.3457 | 1.3492 | 1.3528 | 1.3564 | 1.3599 | 1.3635 |
| Woodie | 1.2946 | 1.3054 | 1.3334 | 1.3442 | 1.3722 | 1.3830 | 1.4110 |
| Fibonacci | 1.3025 | 1.3174 | 1.3265 | 1.3413 | 1.3562 | 1.3653 | 1.3801 |
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): | 42.41 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -10.7665 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 1.3382 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3408 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 1.3420 | |
| Zig ZAG (10): | 1.3391 | |
| VORTEX (21): | 1.0604 | |
| Stochastique (14,3,5): | 52.67 | |
| TEMA (21): | 1.3389 | |
| Williams %R (14): | -52.00 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | 0.0549 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0114 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.3484 | |
| MA20: | 1.3562 | |
| MA50: | 1.3419 | |
| MA100: | 1.3525 | |
| MAexp7: | 1.3389 | |
| MAexp20: | 1.3395 | |
| MAexp50: | 1.3420 | |
| MAexp100: | 1.3458 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | -0.25% | |
| Price / MA100: | -1.03% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | -0.53% |
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 January 28, 2022 by FXEmpire
-
GBP/USD Technical Analysis for January 27, 2022 by FXEmpire
-
GBP/USD Technical Analysis for January 26, 2022 by FXEmpire
-
GBP/USD Technical Analysis for January 25, 2022 by FXEmpire
-
GBP/USD Technical Analysis for the Week of January 24, 2022 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis GBP/USD - 1H