GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: GBPUSD
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GBP/USD - 15 min. - Technical analysis published on 03/26/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 1.2625 USD
My targets
1.2663 USD (+0.0019)
1.2689 USD (+0.0045)
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 above the support located at 1.2625 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.2663 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.2689 USD as an objective. Crossing it would then enable buyers to target 1.2727 USD. If the support 1.2625 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.5

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 Karol85. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

GBP/USD rating 1.2644 USD. The price has increased by +0.06% since the last closing and was between 1.2634 USD and 1.2659 USD. This implies that the price is at +0.08% from its lowest and at -0.12% from its highest.

1.2634
1.2659
1.2644

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 15 min. chart of GBP/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.2575 1.2595 1.2623 1.2644 1.2652 1.2684 1.2729
Change (%) -0.55% -0.39% -0.17% - +0.06% +0.32% +0.67%
Change -0.0069 -0.0049 -0.0021 - +0.0008 +0.0040 +0.0085
Level Major Minor Intermediate - Minor Minor Intermediate



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
Standard1.25351.25611.25991.26251.26631.26891.2727
Camarilla1.26181.26241.26301.26361.26421.26481.2654
Woodie1.25401.25641.26041.26281.26681.26921.2732
Fibonacci1.25611.25861.26011.26251.26501.26651.2689


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.22851.24301.25131.26581.27411.28861.2969
Camarilla1.25331.25541.25751.25961.26171.26381.2659
Woodie1.22541.24151.24821.26431.27101.28711.2938
Fibonacci1.24301.25171.25711.26581.27451.27991.2886


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.22521.23851.25061.26391.27601.28931.3014
Camarilla1.25571.25801.26041.26271.26501.26741.2697
Woodie1.22461.23821.25001.26361.27541.28901.3008
Fibonacci1.23851.24821.25421.26391.27361.27961.2893

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.40
MACD (12,26,9): 0.0003
Directional Movement: 7.9077
AROON (14): 42.8571
DEMA (21): 1.2652
Parabolic SAR (0,02-0,02-0,2): 1.2658
Elder Ray (13): 0.0004
Super Trend (3,10): 1.2642
Zig ZAG (10): 1.2653
VORTEX (21): 1.1031
Stochastique (14,3,5): 53.22
TEMA (21): 1.2653
Williams %R (14): -31.58
Chande Momentum Oscillator (20): 0.0009
Repulse (5,40,3): 0.0357
ROCnROLL: 1
TRIX (15,9): 0.0032
Courbe Coppock: 0.16
MA7: 1.2683
MA20: 1.2720
MA50: 1.2681
MA100: 1.2638
MAexp7: 1.2651
MAexp20: 1.2648
MAexp50: 1.2643
MAexp100: 1.2637
Price / MA7: -0.31%
Price / MA20: -0.60%
Price / MA50: -0.29%
Price / MA100: +0.05%
Price / MAexp7: -0.06%
Price / MAexp20: -0.03%
Price / MAexp50: +0.01%
Price / MAexp100: +0.06%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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