GBP/USD - 15 min. - Technical analysis published on 09/20/2019 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 1.2576 USD
My targets
1.2507 USD (-0.04%)
1.2454 USD (-0.46%)
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 1.2576 USD. The sellers” bearish objective is set at 1.2507 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.2454 USD. In case of crossing, the next objective would be the support located at 1.2385 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.2512 USD. The price registered a decrease of -0.09% on the session and was traded between 1.2495 USD and 1.2582 USD over the period. The price is currently at +0.14% from its lowest and -0.56% from its highest.1.2495
1.2582
1.2512
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GBP/USD in 15 min. shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
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
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2341 | 1.2438 | 1.2493 | 1.2512 | 1.2527 | 1.2560 | 1.2743 |
| Change (%) | -1.37% | -0.59% | -0.15% | - | +0.12% | +0.38% | +1.85% |
| Change | -0.0171 | -0.0074 | -0.0019 | - | +0.0015 | +0.0048 | +0.0231 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2332 | 1.2385 | 1.2454 | 1.2507 | 1.2576 | 1.2629 | 1.2698 |
| Camarilla | 1.2490 | 1.2501 | 1.2512 | 1.2523 | 1.2534 | 1.2545 | 1.2557 |
| Woodie | 1.2340 | 1.2389 | 1.2462 | 1.2511 | 1.2584 | 1.2633 | 1.2706 |
| Fibonacci | 1.2385 | 1.2432 | 1.2460 | 1.2507 | 1.2554 | 1.2582 | 1.2629 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2050 | 1.2141 | 1.2323 | 1.2414 | 1.2596 | 1.2687 | 1.2869 |
| Camarilla | 1.2429 | 1.2454 | 1.2479 | 1.2504 | 1.2529 | 1.2554 | 1.2579 |
| Woodie | 1.2095 | 1.2164 | 1.2368 | 1.2437 | 1.2641 | 1.2710 | 1.2914 |
| Fibonacci | 1.2141 | 1.2246 | 1.2310 | 1.2414 | 1.2519 | 1.2583 | 1.2687 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1718 | 1.1866 | 1.2013 | 1.2161 | 1.2308 | 1.2456 | 1.2603 |
| Camarilla | 1.2078 | 1.2105 | 1.2132 | 1.2159 | 1.2186 | 1.2213 | 1.2240 |
| Woodie | 1.1717 | 1.1866 | 1.2012 | 1.2161 | 1.2307 | 1.2456 | 1.2602 |
| Fibonacci | 1.1866 | 1.1979 | 1.2049 | 1.2161 | 1.2274 | 1.2344 | 1.2456 |
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): | 32.71 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | -20.7887 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 1.2521 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2524 | |
| Elder Ray (13): | -0.0022 | |
| Super Trend (3,10): | 1.2544 | |
| Zig ZAG (10): | 1.2507 | |
| VORTEX (21): | 0.7938 | |
| Stochastique (14,3,5): | 13.14 | |
| TEMA (21): | 1.2509 | |
| Williams %R (14): | -82.28 | |
| Chande Momentum Oscillator (20): | -0.0032 | |
| Repulse (5,40,3): | 0.0076 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0064 | |
| Courbe Coppock: | 0.70 |
| MA7: | 1.2466 | |
| MA20: | 1.2319 | |
| MA50: | 1.2277 | |
| MA100: | 1.2490 | |
| MAexp7: | 1.2517 | |
| MAexp20: | 1.2532 | |
| MAexp50: | 1.2536 | |
| MAexp100: | 1.2525 | |
| Price / MA7: | +0.37% | |
| Price / MA20: | +1.57% | |
| Price / MA50: | +1.91% | |
| Price / MA100: | +0.18% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.20% | |
| Price / MAexp100: | -0.11% |
News
The latest news and videos published on GBP/USD at the time of the analysis were as follows:
-
GBP/USD Technical Analysis for September 20, 2019 by FXEmpire
-
GBP/USD Technical Analysis for September 18, 2019 by FXEmpire
-
GBP/USD Technical Analysis for September 17, 2019 by FXEmpire
-
GBP/USD Technical Analysis for September 16, 2019 by FXEmpire
-
GBP/USD Technical Analysis for September 13, 2019 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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