GBP/USD - 15 min. - Technical analysis published on 02/21/2020 (GMT)
- 255
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.2886 USD
My targets
1.2924 USD (+0.0014)
1.2966 USD (+0.0056)
My analysis
The bullish trend is currently very strong on GBP/USD. As long as the price remains above the support at 1.2886 USD, you could try to benefit from the boom. The first bullish objective is located at 1.2924 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.2966 USD as an objective. Crossing it would then enable buyers to target 1.3004 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.6
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 dbranez. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.2910 USD. The price is lower by +0.23% since the last closing and was traded between 1.2879 USD and 1.2917 USD over the period. The price is currently at +0.24% from its lowest and -0.05% from its highest.1.2879
1.2917
1.2910
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of GBP/USD in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2743 | 1.2849 | 1.2889 | 1.2910 | 1.2970 | 1.3001 | 1.3044 |
| Change (%) | -1.29% | -0.47% | -0.16% | - | +0.46% | +0.70% | +1.04% |
| Change | -0.0167 | -0.0061 | -0.0021 | - | +0.0060 | +0.0091 | +0.0134 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2764 | 1.2806 | 1.2844 | 1.2886 | 1.2924 | 1.2966 | 1.3004 |
| Camarilla | 1.2859 | 1.2866 | 1.2874 | 1.2881 | 1.2888 | 1.2896 | 1.2903 |
| Woodie | 1.2761 | 1.2805 | 1.2841 | 1.2885 | 1.2921 | 1.2965 | 1.3001 |
| Fibonacci | 1.2806 | 1.2837 | 1.2856 | 1.2886 | 1.2917 | 1.2936 | 1.2966 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2727 | 1.2799 | 1.2924 | 1.2996 | 1.3121 | 1.3193 | 1.3318 |
| Camarilla | 1.2994 | 1.3012 | 1.3030 | 1.3048 | 1.3066 | 1.3084 | 1.3102 |
| Woodie | 1.2753 | 1.2812 | 1.2950 | 1.3009 | 1.3147 | 1.3206 | 1.3344 |
| Fibonacci | 1.2799 | 1.2875 | 1.2921 | 1.2996 | 1.3072 | 1.3118 | 1.3193 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2693 | 1.2823 | 1.3015 | 1.3145 | 1.3337 | 1.3467 | 1.3659 |
| Camarilla | 1.3117 | 1.3147 | 1.3177 | 1.3206 | 1.3236 | 1.3265 | 1.3295 |
| Woodie | 1.2723 | 1.2839 | 1.3045 | 1.3161 | 1.3367 | 1.3483 | 1.3689 |
| Fibonacci | 1.2823 | 1.2946 | 1.3022 | 1.3145 | 1.3268 | 1.3344 | 1.3467 |
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): | 74.71 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 30.8440 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 1.2902 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2886 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 1.2891 | |
| Zig ZAG (10): | 1.2913 | |
| VORTEX (21): | 1.1508 | |
| Stochastique (14,3,5): | 91.58 | |
| TEMA (21): | 1.2903 | |
| Williams %R (14): | -12.50 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | 0.0768 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0029 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.2974 | |
| MA20: | 1.2994 | |
| MA50: | 1.3044 | |
| MA100: | 1.2962 | |
| MAexp7: | 1.2902 | |
| MAexp20: | 1.2897 | |
| MAexp50: | 1.2892 | |
| MAexp100: | 1.2894 | |
| Price / MA7: | -0.49% | |
| Price / MA20: | -0.65% | |
| Price / MA50: | -1.03% | |
| Price / MA100: | -0.40% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.12% |
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 February 21, 2020 by FXEmpire
-
GBP/USD Technical Analysis for February 20, 2020 by FXEmpire
-
GBP/USD Technical Analysis for February 19, 2020 by FXEmpire
-
GBP/USD Technical Analysis for the week of February 18, 2020 by FXEmpire
-
GBP/USD Technical Analysis for the week of February 17, 2020 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.