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EUR/GBP
EUR GBP
- GBP (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURGBP
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EUR/GBP - 15 min. - Technical analysis published on 09/20/2024 (GMT)

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Londinia
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.8406 GBP
My targets
0.8375 GBP (-0.0007)
0.8357 GBP (-0.0025)
My analysis
The bearish trend is currently very strong for EUR/GBP. As long as the price remains below the resistance at 0.8406 GBP, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.8375 GBP. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.8357 GBP as an objective. Crossing it would then enable sellers to target 0.8300 GBP. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.2

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.

GCrow
This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The EUR/GBP price is 0.8382 GBP. The price is lower by -0.24% since the last closing and was between 0.8381 GBP and 0.8407 GBP. This implies that the price is at +0.01% from its lowest and at -0.30% from its highest.

0.8381
0.8407
0.8382

Here is a more detailed summary of the historical variations registered by EUR/GBP:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of EUR/GBP indicates that the overall trend is strongly bearish. 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.

In fact, 14 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 15 minutes


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 15 minutes


Support of channel 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


S3S2S1PriceR1R2R3
ProTrendLines 0.6942 0.7777 0.8300 0.8382 0.8396 0.8404 0.8422
Change (%) -17.18% -7.22% -0.98% - +0.17% +0.26% +0.48%
Change -0.1440 -0.0605 -0.0082 - +0.0014 +0.0022 +0.0040
Level Minor Intermediate Major - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.83570.83750.83880.84060.84190.84370.8450
Camarilla0.83940.83960.83990.84020.84050.84080.8411
Woodie0.83560.83740.83870.84050.84180.84360.8449
Fibonacci0.83750.83870.83940.84060.84180.84250.8437


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.83770.84000.84190.84420.84610.84840.8503
Camarilla0.84280.84310.84350.84390.84430.84470.8451
Woodie0.83760.83990.84180.84410.84600.84830.8502
Fibonacci0.84000.84160.84260.84420.84580.84680.8484


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.81090.82550.83340.84800.85590.87050.8784
Camarilla0.83520.83730.83930.84140.84350.84550.8476
Woodie0.80770.82380.83020.84630.85270.86880.8752
Fibonacci0.82550.83410.83940.84800.85660.86190.8705

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): 18.34
MACD (12,26,9): -0.0003
Directional Movement: -27.4319
AROON (14): -92.8571
DEMA (21): 0.8392
Parabolic SAR (0,02-0,02-0,2): 0.8401
Elder Ray (13): -0.0009
Super Trend (3,10): 0.8396
Zig ZAG (10): 0.8386
VORTEX (21): 0.6825
Stochastique (14,3,5): 11.76
TEMA (21): 0.8391
Williams %R (14): -82.35
Chande Momentum Oscillator (20): -0.0008
Repulse (5,40,3): -0.0371
ROCnROLL: 2
TRIX (15,9): -0.0032
Courbe Coppock: 0.17
MA7: 0.8422
MA20: 0.8429
MA50: 0.8464
MA100: 0.8481
MAexp7: 0.8393
MAexp20: 0.8396
MAexp50: 0.8400
MAexp100: 0.8404
Price / MA7: -0.47%
Price / MA20: -0.56%
Price / MA50: -0.97%
Price / MA100: -1.17%
Price / MAexp7: -0.13%
Price / MAexp20: -0.17%
Price / MAexp50: -0.21%
Price / MAexp100: -0.26%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on EUR/GBP. At the time of publication of this analysis, the latest news was as follows:

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

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