GBP/NOK

- NOK (-)

- Real time data - Forex

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

Type:	Forex
Ticker:	GBPNOK
ISIN:

GBP/NOK - 1H - Technical analysis published on 02/04/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 14.0620 NOK

My targets

14.1731 NOK (+0.0426)

14.3101 NOK (+0.1796)

My analysis

GBP/NOK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.0620 NOK. The next resistance located at 14.1731 NOK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.3101 NOK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

6.8

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

The GBP/NOK price is 14.1305 NOK. The price is lower by -0.02% since the last closing and was traded between 14.1134 NOK and 14.1448 NOK over the period. The price is currently at +0.12% from its lowest and -0.10% from its highest.

14.1134

14.1448

14.1305

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of GBP/NOK in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	13.9480	14.0117	14.0620	14.1305	14.1731	14.3101
Change (%)	-1.29%	-0.84%	-0.48%	-	+0.30%	+1.27%
Change	-0.1825	-0.1188	-0.0685	-	+0.0426	+0.1796
Level	Minor	Intermediate	Intermediate	-	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.9365	13.9862	14.0595	14.1092	14.1825	14.2322	14.3055
Camarilla	14.0990	14.1103	14.1215	14.1328	14.1441	14.1554	14.1666
Woodie	13.9483	13.9921	14.0713	14.1151	14.1943	14.2381	14.3173
Fibonacci	13.9862	14.0332	14.0622	14.1092	14.1562	14.1852	14.2322

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.8720	13.9226	13.9825	14.0331	14.0930	14.1436	14.2035
Camarilla	14.0121	14.0222	14.0324	14.0425	14.0526	14.0628	14.0729
Woodie	13.8768	13.9249	13.9873	14.0354	14.0978	14.1459	14.2083
Fibonacci	13.9226	13.9648	13.9909	14.0331	14.0753	14.1014	14.1436

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.3914	13.6105	13.8265	14.0456	14.2616	14.4807	14.6967
Camarilla	13.9229	13.9627	14.0026	14.0425	14.0824	14.1223	14.1622
Woodie	13.3899	13.6097	13.8250	14.0448	14.2601	14.4799	14.6952
Fibonacci	13.6105	13.7767	13.8794	14.0456	14.2118	14.3145	14.4807

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

Moving averages

RSI (14):	55.46
MACD (12,26,9):	0.0137
Directional Movement:	2.8462
AROON (14):	21.4286
DEMA (21):	14.1355
Parabolic SAR (0,02-0,02-0,2):	14.1002
Elder Ray (13):	0.0005
Super Trend (3,10):	14.0538
Zig ZAG (10):	14.1265
VORTEX (21):	1.1338
Stochastique (14,3,5):	55.48
TEMA (21):	14.1381
Williams %R (14):	-54.39
Chande Momentum Oscillator (20):	0.0006
Repulse (5,40,3):	0.0130
ROCnROLL:	1
TRIX (15,9):	0.0168
Courbe Coppock:	0.43

MA7:	14.0757
MA20:	13.9945
MA50:	14.0885
MA100:	14.0916
MAexp7:	14.1272
MAexp20:	14.1165
MAexp50:	14.0937
MAexp100:	14.0712
Price / MA7:	+0.39%
Price / MA20:	+0.97%
Price / MA50:	+0.30%
Price / MA100:	+0.28%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.09%
Price / MAexp50:	+0.25%
Price / MAexp100:	+0.42%

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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