GBP/USD - 15 min. - Technical analysis published on 05/02/2022 (GMT)
- 140
- 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 : 15 min.
- - 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:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 1.2639 USD
My targets
1.2489 USD (-0.0065)
1.2402 USD (-0.0152)
My analysis
In the short term, we can see an acceleration in the bearish trend on GBP/USD, which is a positive signal for sellers. As long as the price remains above 1.2639 USD, a sale could be considered. The first bearish objective is located at 1.2489 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.2402 USD as an objective. Crossing it would then enable sellers to target 1.2339 USD. If the price were to return above 1.2639 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
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 castery. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD price is 1.2554 USD. On the day, this instrument lost -0.18% and was traded between 1.2551 USD and 1.2598 USD over the period. The price is currently at +0.02% from its lowest and -0.35% from its highest.1.2551
1.2598
1.2554
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this GBP/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 15 minutes
In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
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 | 1.2037 | 1.2411 | 1.2493 | 1.2554 | 1.2570 | 1.2723 | 1.2864 |
| Change (%) | -4.12% | -1.14% | -0.49% | - | +0.13% | +1.35% | +2.47% |
| Change | -0.0517 | -0.0143 | -0.0061 | - | +0.0016 | +0.0169 | +0.0310 |
| Level | Major | Intermediate | Major | - | Intermediate | 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 | 1.2339 | 1.2402 | 1.2489 | 1.2552 | 1.2639 | 1.2702 | 1.2789 |
| Camarilla | 1.2535 | 1.2549 | 1.2562 | 1.2576 | 1.2590 | 1.2604 | 1.2617 |
| Woodie | 1.2351 | 1.2408 | 1.2501 | 1.2558 | 1.2651 | 1.2708 | 1.2801 |
| Fibonacci | 1.2402 | 1.2459 | 1.2495 | 1.2552 | 1.2609 | 1.2645 | 1.2702 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1916 | 1.2163 | 1.2370 | 1.2617 | 1.2824 | 1.3071 | 1.3278 |
| Camarilla | 1.2451 | 1.2493 | 1.2534 | 1.2576 | 1.2618 | 1.2659 | 1.2701 |
| Woodie | 1.1895 | 1.2153 | 1.2349 | 1.2607 | 1.2803 | 1.3061 | 1.3257 |
| Fibonacci | 1.2163 | 1.2337 | 1.2444 | 1.2617 | 1.2791 | 1.2898 | 1.3071 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1513 | 1.1962 | 1.2269 | 1.2718 | 1.3025 | 1.3474 | 1.3781 |
| Camarilla | 1.2368 | 1.2437 | 1.2507 | 1.2576 | 1.2645 | 1.2715 | 1.2784 |
| Woodie | 1.1442 | 1.1927 | 1.2198 | 1.2683 | 1.2954 | 1.3439 | 1.3710 |
| Fibonacci | 1.1962 | 1.2251 | 1.2429 | 1.2718 | 1.3007 | 1.3185 | 1.3474 |
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): | 39.44 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -7.6033 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 1.2558 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2565 | |
| Elder Ray (13): | -0.0007 | |
| Super Trend (3,10): | 1.2582 | |
| Zig ZAG (10): | 1.2554 | |
| VORTEX (21): | 0.8806 | |
| Stochastique (14,3,5): | 16.31 | |
| TEMA (21): | 1.2553 | |
| Williams %R (14): | -89.29 | |
| Chande Momentum Oscillator (20): | -0.0011 | |
| Repulse (5,40,3): | -0.0586 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0061 | |
| Courbe Coppock: | 0.32 |
| MA7: | 1.2614 | |
| MA20: | 1.2897 | |
| MA50: | 1.3087 | |
| MA100: | 1.3295 | |
| MAexp7: | 1.2559 | |
| MAexp20: | 1.2565 | |
| MAexp50: | 1.2568 | |
| MAexp100: | 1.2558 | |
| Price / MA7: | -0.48% | |
| Price / MA20: | -2.66% | |
| Price / MA50: | -4.07% | |
| Price / MA100: | -5.57% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.03% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on GBP/USD at the time of the analysis were as follows:
-
GBP/USD Technical Analysis for the Week of May 02, 2022 by FXEmpire
-
GBP/USD Technical Analysis for May 02, 2022 by FXEmpire
-
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
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 - 15 min.