GBP/MXN
GBP MXN
419.05 MXN (+0.17%)
03/25/2025 - 22:08 Open Real time data - Forex
Open: 418.36
Change: +0.70
Volume: 225,367
Low: 416.54
High: 419.50
High / Low range: 2.96
Type: Forex
Ticker: GBPMXN
ISIN:

GBP/MXN - 1H - Technical analysis published on 02/18/2025 (GMT)

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  • 02/18/2025 - 05:45
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  • Timeframe : 1H
  • - Analysis generated on 02/18/2025 - 05:45
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 25.6385 MXN
My targets
25.5331 MXN (-0.0710)
25.4586 MXN (-0.1455)
My analysis
GBP/MXN is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 25.6385 MXN, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 25.5331 MXN. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 25.4586 MXN would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 25.4203 MXN. Beware of a possible return to above the resistance located at 25.6385 MXN which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.7

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

GBP/MXN rating 25.6041 MXN. The price registered an increase of +0.00% on the session and was traded between 25.5929 MXN and 25.6346 MXN over the period. The price is currently at +0.04% from its lowest and -0.12% from its highest.

25.5929
25.6346
25.6041

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-7.507.51522.5January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/MXN chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of 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.

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.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Three black crows

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 25.4203 25.4586 25.5331 25.6041 25.6385 25.6803 25.7195
Change (%) -0.72% -0.57% -0.28% - +0.13% +0.30% +0.45%
Change -0.1838 -0.1455 -0.0710 - +0.0344 +0.0762 +0.1154
Level Minor Intermediate Minor - 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
Standard25.329125.435225.520225.626325.711325.817425.9024
Camarilla25.552625.570125.587625.605125.622625.640125.6577
Woodie25.318525.429925.509625.621025.700725.812125.8918
Fibonacci25.435225.508225.553325.626325.699325.744425.8174


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.084925.252925.407925.575925.730925.898926.0539
Camarilla25.474225.503825.533425.563025.592625.622225.6518
Woodie25.078525.249725.401525.572725.724525.895726.0475
Fibonacci25.252925.376325.452525.575925.699325.775525.8989


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.849824.397125.017225.564526.184626.731927.3520
Camarilla25.316425.423425.530425.637425.744425.851425.9584
Woodie23.886324.415325.053725.582726.221126.750127.3885
Fibonacci24.397124.843025.118525.564526.010426.285926.7319

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
Created with Raphaël 2.3.0Neutral8
Moving averages
Created with Raphaël 2.3.0Sell16

RSI (14): 46.54
MACD (12,26,9): -0.0011
Directional Movement: 1.5785
AROON (14): 21.4286
DEMA (21): 25.6136
Parabolic SAR (0,02-0,02-0,2): 25.6415
Elder Ray (13): -0.0056
Super Trend (3,10): 25.5787
Zig ZAG (10): 25.5997
VORTEX (21): 1.0550
Stochastique (14,3,5): 49.70
TEMA (21): 25.6126
Williams %R (14): -54.94
Chande Momentum Oscillator (20): 0.0133
Repulse (5,40,3): -0.0759
ROCnROLL: 2
TRIX (15,9): 0.0006
Courbe Coppock: 0.21
MA7: 25.5837
MA20: 25.5358
MA50: 25.4900
MA100: 25.6510
MAexp7: 25.6118
MAexp20: 25.6146
MAexp50: 25.6139
MAexp100: 25.6041
Price / MA7: +0.08%
Price / MA20: +0.27%
Price / MA50: +0.45%
Price / MA100: -0.18%
Price / MAexp7: -0.03%
Price / MAexp20: -0.04%
Price / MAexp50: -0.04%
Price / MAexp100: -0%

Quotes : 02/18/2025 - 05:45 - Real time data - Forex

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

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