GBP/USD - 15 min. - Technical analysis published on 09/20/2019 (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
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
44%
17%
My opinion
Bearish under 1.2507 USD
My targets
1.2454 USD (-0.19%)
1.2385 USD (-0.75%)
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 1.2507 USD. The sellers” bearish objective is set at 1.2454 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.2385 USD. In case of crossing, the next objective would be the support located at 1.2332 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.3
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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 1.2478 USD. On the day, this instrument lost -0.36% and was between 1.2460 USD and 1.2582 USD. This implies that the price is at +0.14% from its lowest and at -0.83% from its highest.1.2460
1.2582
1.2478
Here is a more detailed summary of the historical variations registered by GBP/USD:
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 this 15 min. chart of GBP/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed 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 on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
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 : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.2283 | 1.2341 | 1.2438 | 1.2478 | 1.2493 | 1.2527 | 1.2560 |
Change (%) | -1.56% | -1.10% | -0.32% | - | +0.12% | +0.39% | +0.66% |
Change | -0.0195 | -0.0137 | -0.0040 | - | +0.0015 | +0.0049 | +0.0082 |
Level | Major | Minor | Intermediate | - | Major | Minor | Intermediate |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 40.00 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | -9.0594 | |
AROON (14): | -50.0000 | |
DEMA (21): | 1.2476 | |
Parabolic SAR (0,02-0,02-0,2): | 1.2501 | |
Elder Ray (13): | -0.0005 | |
Super Trend (3,10): | 1.2508 | |
Zig ZAG (10): | 1.2477 | |
VORTEX (21): | 1.0351 | |
Stochastique (14,3,5): | 19.90 | |
TEMA (21): | 1.2478 | |
Williams %R (14): | -71.43 | |
Chande Momentum Oscillator (20): | -0.0011 | |
Repulse (5,40,3): | -0.0239 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0082 | |
Courbe Coppock: | 0.15 |
MA7: | 1.2461 | |
MA20: | 1.2317 | |
MA50: | 1.2277 | |
MA100: | 1.2490 | |
MAexp7: | 1.2481 | |
MAexp20: | 1.2486 | |
MAexp50: | 1.2500 | |
MAexp100: | 1.2507 | |
Price / MA7: | +0.14% | |
Price / MA20: | +1.31% | |
Price / MA50: | +1.64% | |
Price / MA100: | -0.10% | |
Price / MAexp7: | -0.02% | |
Price / MAexp20: | -0.06% | |
Price / MAexp50: | -0.18% | |
Price / MAexp100: | -0.23% |
News
Don"t forget to follow the news on GBP/USD. At the time of publication of this analysis, the latest news was 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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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…
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