GBP/USD - 15 min. - Technical analysis published on 04/28/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 1.2548 USD
My targets
1.2448 USD (-0.0017)
1.2394 USD (-0.0071)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GBP/USD. As long as you are under the resistance located at 1.2548 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.2448 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.2394 USD as an objective. Crossing it would then enable sellers to target 1.2037 USD. If the resistance 1.2548 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4
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Additional analysis
Quotes
The GBP/USD price is 1.2465 USD. On the day, this instrument lost -0.60% with the lowest point at 1.2411 USD and the highest point at 1.2570 USD. The deviation from the price is +0.44% for the low point and -0.84% for the high point.1.2411
1.2570
1.2465
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GBP/USD indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.1492 | 1.2037 | 1.2465 | 1.2493 | 1.2601 | 1.2723 |
| Change (%) | -7.81% | -3.43% | - | +0.22% | +1.09% | +2.07% |
| Change | -0.0973 | -0.0428 | - | +0.0028 | +0.0136 | +0.0258 |
| Level | Intermediate | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2394 | 1.2448 | 1.2494 | 1.2548 | 1.2594 | 1.2648 | 1.2694 |
| Camarilla | 1.2513 | 1.2522 | 1.2531 | 1.2540 | 1.2549 | 1.2558 | 1.2568 |
| Woodie | 1.2390 | 1.2446 | 1.2490 | 1.2546 | 1.2590 | 1.2646 | 1.2690 |
| Fibonacci | 1.2448 | 1.2486 | 1.2510 | 1.2548 | 1.2586 | 1.2610 | 1.2648 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2476 | 1.2649 | 1.2744 | 1.2917 | 1.3012 | 1.3185 | 1.3280 |
| Camarilla | 1.2765 | 1.2790 | 1.2814 | 1.2839 | 1.2864 | 1.2888 | 1.2913 |
| Woodie | 1.2437 | 1.2630 | 1.2705 | 1.2898 | 1.2973 | 1.3166 | 1.3241 |
| Fibonacci | 1.2649 | 1.2751 | 1.2815 | 1.2917 | 1.3019 | 1.3083 | 1.3185 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2514 | 1.2757 | 1.2951 | 1.3194 | 1.3388 | 1.3631 | 1.3825 |
| Camarilla | 1.3025 | 1.3065 | 1.3105 | 1.3145 | 1.3185 | 1.3225 | 1.3265 |
| Woodie | 1.2490 | 1.2745 | 1.2927 | 1.3182 | 1.3364 | 1.3619 | 1.3801 |
| Fibonacci | 1.2757 | 1.2924 | 1.3027 | 1.3194 | 1.3361 | 1.3464 | 1.3631 |
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): | 51.85 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 1.7097 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.2460 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2446 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.2482 | |
| Zig ZAG (10): | 1.2464 | |
| VORTEX (21): | 1.2174 | |
| Stochastique (14,3,5): | 72.28 | |
| TEMA (21): | 1.2468 | |
| Williams %R (14): | -44.44 | |
| Chande Momentum Oscillator (20): | -0.0010 | |
| Repulse (5,40,3): | -0.0383 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0008 | |
| Courbe Coppock: | 0.16 |
| MA7: | 1.2751 | |
| MA20: | 1.2951 | |
| MA50: | 1.3128 | |
| MA100: | 1.3309 | |
| MAexp7: | 1.2464 | |
| MAexp20: | 1.2460 | |
| MAexp50: | 1.2471 | |
| MAexp100: | 1.2496 | |
| Price / MA7: | -2.24% | |
| Price / MA20: | -3.75% | |
| Price / MA50: | -5.05% | |
| Price / MA100: | -6.34% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.25% |
Quotes :
-
Real time data
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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 April 29, 2022 by FXEmpire
-
GBP/USD Technical Analysis for April 28, 2022 by FXEmpire
-
GBP/USD Technical Analysis for April 27, 2022 by FXEmpire
-
GBP/USD Technical Analysis for April 25, 2022 by FXEmpire
-
GBP/USD Technical Analysis for the Week of April 25, 2022 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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