GBP/NOK

- NOK (-)

- Real time data - Forex

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Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	GBPNOK
ISIN:

GBP/NOK - 1H - Technical analysis published on 05/12/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Neutral between 13.5603 NOK and 13.6556 NOK

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bullish trend on GBP/NOK. It is difficult to advise a trading direction under these conditions. The first resistance is located at 13.6556 NOK. The first support is located at 13.5603 NOK. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

Comment on the analysis

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:

Additional analysis

Quotes

GBP/NOK rating 13.5959 NOK. On the day, this instrument gained +0.11% with the lowest point at 13.5735 NOK and the highest point at 13.6403 NOK. The deviation from the price is +0.17% for the low point and -0.33% for the high point.

13.5735

13.6403

13.5959

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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/NOK in 1H shows an overall slightly bullish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.4349	13.5603	13.5940	13.5959	13.6556	13.7808	13.8816
Change (%)	-1.18%	-0.26%	-0.01%	-	+0.44%	+1.36%	+2.10%
Change	-0.1610	-0.0356	-0.0019	-	+0.0597	+0.1849	+0.2857
Level	Intermediate	Major	Major	-	Minor	Major	Major

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
Standard	13.4936	13.5196	13.5503	13.5763	13.6070	13.6330	13.6637
Camarilla	13.5653	13.5705	13.5757	13.5809	13.5861	13.5913	13.5965
Woodie	13.4959	13.5208	13.5526	13.5775	13.6093	13.6342	13.6660
Fibonacci	13.5196	13.5413	13.5547	13.5763	13.5980	13.6114	13.6330

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.3814	13.4636	13.5222	13.6044	13.6630	13.7452	13.8038
Camarilla	13.5422	13.5551	13.5680	13.5809	13.5938	13.6067	13.6196
Woodie	13.3697	13.4577	13.5105	13.5985	13.6513	13.7393	13.7921
Fibonacci	13.4636	13.5174	13.5506	13.6044	13.6582	13.6914	13.7452

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.1970	13.3372	13.6104	13.7506	14.0238	14.1640	14.4372
Camarilla	13.7698	13.8077	13.8456	13.8835	13.9214	13.9593	13.9972
Woodie	13.2634	13.3705	13.6768	13.7839	14.0902	14.1973	14.5036
Fibonacci	13.3372	13.4952	13.5927	13.7506	13.9086	14.0061	14.1640

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):	67.15
MACD (12,26,9):	0.0065
Directional Movement:	12.7686
AROON (14):	71.4286
DEMA (21):	13.5983
Parabolic SAR (0,02-0,02-0,2):	13.5646
Elder Ray (13):	0.0338
Super Trend (3,10):	13.5595
Zig ZAG (10):	13.6293
VORTEX (21):	1.0929
Stochastique (14,3,5):	92.95
TEMA (21):	13.6113
Williams %R (14):	-11.95
Chande Momentum Oscillator (20):	0.0667
Repulse (5,40,3):	0.4032
ROCnROLL:	1
TRIX (15,9):	-0.0030
Courbe Coppock:	0.52

MA7:	13.6174
MA20:	13.6849
MA50:	13.5944
MA100:	13.4206
MAexp7:	13.6095
MAexp20:	13.5944
MAexp50:	13.6000
MAexp100:	13.6218
Price / MA7:	-0.16%
Price / MA20:	-0.65%
Price / MA50:	+0.01%
Price / MA100:	+1.31%
Price / MAexp7:	-0.11%
Price / MAexp20:	-0%
Price / MAexp50:	-0.04%
Price / MAexp100:	-0.20%

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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Londinia AI

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