GBP/USD - 15 min. - Technical analysis published on 09/16/2022 (GMT)
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- 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:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 1.1419 USD
My targets
1.1322 USD (-0.0052)
My analysis
GBP/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.1419 USD. The next support located at 1.1322 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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This analysis was given by mickaastrup. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.1374 USD. The price is lower by -0.68% since the last closing and was between 1.1350 USD and 1.1481 USD. This implies that the price is at +0.21% from its lowest and at -0.93% from its highest.1.1350
1.1481
1.1374
A study of price movements over other periods shows the following variations:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this GBP/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 1.1374 | 1.1405 | 1.1451 | 1.1492 |
| Change (%) | - | +0.27% | +0.68% | +1.04% |
| Change | - | +0.0031 | +0.0077 | +0.0118 |
| Level | - | Major | Minor | Major |
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 | 1.1322 | 1.1387 | 1.1419 | 1.1484 | 1.1516 | 1.1581 | 1.1613 |
| Camarilla | 1.1425 | 1.1434 | 1.1443 | 1.1452 | 1.1461 | 1.1470 | 1.1479 |
| Woodie | 1.1307 | 1.1379 | 1.1404 | 1.1476 | 1.1501 | 1.1573 | 1.1598 |
| Fibonacci | 1.1387 | 1.1424 | 1.1447 | 1.1484 | 1.1521 | 1.1544 | 1.1581 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1202 | 1.1304 | 1.1445 | 1.1547 | 1.1688 | 1.1790 | 1.1931 |
| Camarilla | 1.1520 | 1.1543 | 1.1565 | 1.1587 | 1.1609 | 1.1632 | 1.1654 |
| Woodie | 1.1223 | 1.1314 | 1.1466 | 1.1557 | 1.1709 | 1.1800 | 1.1952 |
| Fibonacci | 1.1304 | 1.1397 | 1.1454 | 1.1547 | 1.1640 | 1.1697 | 1.1790 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0663 | 1.1128 | 1.1363 | 1.1828 | 1.2063 | 1.2528 | 1.2763 |
| Camarilla | 1.1405 | 1.1469 | 1.1533 | 1.1597 | 1.1661 | 1.1725 | 1.1790 |
| Woodie | 1.0547 | 1.1071 | 1.1247 | 1.1771 | 1.1947 | 1.2471 | 1.2647 |
| Fibonacci | 1.1128 | 1.1396 | 1.1561 | 1.1828 | 1.2096 | 1.2261 | 1.2528 |
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): | 12.88 | |
| MACD (12,26,9): | -0.0020 | |
| Directional Movement: | -41.1894 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 1.1404 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1418 | |
| Elder Ray (13): | -0.0039 | |
| Super Trend (3,10): | 1.1424 | |
| Zig ZAG (10): | 1.1374 | |
| VORTEX (21): | 0.6993 | |
| Stochastique (14,3,5): | 14.30 | |
| TEMA (21): | 1.1390 | |
| Williams %R (14): | -80.83 | |
| Chande Momentum Oscillator (20): | -0.0087 | |
| Repulse (5,40,3): | -0.2728 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0149 | |
| Courbe Coppock: | 1.10 |
| MA7: | 1.1524 | |
| MA20: | 1.1612 | |
| MA50: | 1.1871 | |
| MA100: | 1.2106 | |
| MAexp7: | 1.1399 | |
| MAexp20: | 1.1427 | |
| MAexp50: | 1.1450 | |
| MAexp100: | 1.1470 | |
| Price / MA7: | -1.30% | |
| Price / MA20: | -2.05% | |
| Price / MA50: | -4.19% | |
| Price / MA100: | -6.05% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.46% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | -0.84% |
Quotes :
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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 September 16, 2022 by FXEmpire
-
Trading the Trend: GBP/USD heading for a 37-year low?
-
GBP/USD Forecast September 14, 2022
-
GBP/USD Technical Analysis for September 14, 2022 by FXEmpire
-
Technical Analysis: 13/09/2022 - GBPUSD bounces off 37-year low, downtrend intact
This member declared not having a position on this financial instrument or a related financial instrument.
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