GBP/MXN
GBP MXN
- MXN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPMXN
ISIN:

GBP/MXN - 1H - Technical analysis published on 04/25/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
56%
17%
28%
My opinion
Bullish above 26.0865 MXN
My targets
26.3431 MXN (+0.2221)
26.3723 MXN (+0.2513)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for GBP/MXN as long as the price remains well above 26.0865 MXN. The buyers' bullish objective is set at 26.3431 MXN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 26.3723 MXN. If there is any crossing, the next objective would be the resistance located at 26.4468 MXN.

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
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

The GBP/MXN price is 26.1210 MXN. The price registered a decrease of -0.02% on the session and was traded between 26.0543 MXN and 26.1313 MXN over the period. The price is currently at +0.26% from its lowest and -0.04% from its highest.

26.0543
26.1313
26.1210

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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


Technical analysis of GBP/MXN in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of channel

Type : Bullish

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

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 25.9079 26.0125 26.0865 26.1210 26.3723 26.4468 26.5958
Change (%) -0.82% -0.42% -0.13% - +0.96% +1.25% +1.82%
Change -0.2131 -0.1085 -0.0345 - +0.2513 +0.3258 +0.4748
Level Minor Intermediate Major - Major Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.888225.949226.037326.098326.186426.247426.3355
Camarilla26.084326.098026.111626.125326.139026.152626.1663
Woodie25.901725.956026.050826.105126.199926.254226.3490
Fibonacci25.949226.006226.041426.098326.155326.190526.2474


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.322425.701825.963726.343126.605026.984427.2463
Camarilla26.049126.107926.166726.225526.284326.343126.4019
Woodie25.263625.672425.904926.313726.546226.955027.1875
Fibonacci25.701825.946826.098226.343126.588126.739526.9844


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.745725.195325.824426.274026.903127.352727.9818
Camarilla26.156926.255726.354626.453526.552426.651326.7501
Woodie24.835525.240225.914226.318926.992927.397628.0716
Fibonacci25.195325.607425.861926.274026.686126.940627.3527

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): 57.19
MACD (12,26,9): 0.0059
Directional Movement: 1.1946
AROON (14): -57.1428
DEMA (21): 26.1008
Parabolic SAR (0,02-0,02-0,2): 26.1455
Elder Ray (13): 0.0131
Super Trend (3,10): 26.1783
Zig ZAG (10): 26.1286
VORTEX (21): 1.0605
Stochastique (14,3,5): 45.09
TEMA (21): 26.1071
Williams %R (14): -33.11
Chande Momentum Oscillator (20): 0.0092
Repulse (5,40,3): 0.1944
ROCnROLL: 1
TRIX (15,9): 0.0050
Courbe Coppock: 0.02
MA7: 26.1526
MA20: 26.3311
MA50: 26.1336
MA100: 25.8148
MAexp7: 26.0968
MAexp20: 26.0924
MAexp50: 26.0987
MAexp100: 26.1496
Price / MA7: -0.12%
Price / MA20: -0.80%
Price / MA50: -0.05%
Price / MA100: +1.19%
Price / MAexp7: +0.09%
Price / MAexp20: +0.11%
Price / MAexp50: +0.09%
Price / MAexp100: -0.11%

Quotes : - Real time data - Forex

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

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