GBP/NOK - 1H - Technical analysis published on 03/18/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 13.7354 NOK
My targets
13.6704 NOK (-0.0191)
13.5362 NOK (-0.1533)
My analysis
The bearish trend is currently very strong for GBP/NOK. As long as the price remains below the resistance at 13.7354 NOK, you could try to take advantage of the bearish rally. The first bearish objective is located at 13.6704 NOK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 13.5362 NOK as an objective. Crossing it would then enable sellers to target 13.4523 NOK. 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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:
Additional analysis
Quotes
The GBP/NOK price is 13.6895 NOK. The price is lower by -0.01% since the last closing and was between 13.6851 NOK and 13.7013 NOK. This implies that the price is at +0.03% from its lowest and at -0.09% from its highest.13.6851
13.7013
13.6895
Here is a more detailed summary of the historical variations registered by GBP/NOK:
Technical
Technical analysis of GBP/NOK in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 13.4523 | 13.5362 | 13.6826 | 13.6895 | 13.7354 | 13.8816 | 13.9546 |
Change (%) | -1.73% | -1.12% | -0.05% | - | +0.34% | +1.40% | +1.94% |
Change | -0.2372 | -0.1533 | -0.0069 | - | +0.0459 | +0.1921 | +0.2651 |
Level | Minor | Minor | Major | - | Minor | Major | 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 |
---|---|---|---|---|---|---|---|
Standard | 13.5300 | 13.6016 | 13.6462 | 13.7178 | 13.7624 | 13.8340 | 13.8786 |
Camarilla | 13.6589 | 13.6695 | 13.6802 | 13.6908 | 13.7015 | 13.7121 | 13.7228 |
Woodie | 13.5165 | 13.5949 | 13.6327 | 13.7111 | 13.7489 | 13.8273 | 13.8651 |
Fibonacci | 13.6016 | 13.6460 | 13.6734 | 13.7178 | 13.7622 | 13.7896 | 13.8340 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.3470 | 13.5409 | 13.6704 | 13.8643 | 13.9938 | 14.1877 | 14.3172 |
Camarilla | 13.7109 | 13.7405 | 13.7702 | 13.7998 | 13.8295 | 13.8591 | 13.8887 |
Woodie | 13.3147 | 13.5248 | 13.6381 | 13.8482 | 13.9615 | 14.1716 | 14.2849 |
Fibonacci | 13.5409 | 13.6645 | 13.7408 | 13.8643 | 13.9879 | 14.0642 | 14.1877 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.5502 | 13.6948 | 13.9255 | 14.0701 | 14.3008 | 14.4454 | 14.6761 |
Camarilla | 14.0531 | 14.0875 | 14.1219 | 14.1563 | 14.1907 | 14.2251 | 14.2595 |
Woodie | 13.5934 | 13.7163 | 13.9687 | 14.0916 | 14.3440 | 14.4669 | 14.7193 |
Fibonacci | 13.6948 | 13.8381 | 13.9267 | 14.0701 | 14.2134 | 14.3020 | 14.4454 |
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): | 41.22 | |
MACD (12,26,9): | -0.0137 | |
Directional Movement: | -5.9124 | |
AROON (14): | 28.5714 | |
DEMA (21): | 13.6812 | |
Parabolic SAR (0,02-0,02-0,2): | 13.6737 | |
Elder Ray (13): | -0.0005 | |
Super Trend (3,10): | 13.7415 | |
Zig ZAG (10): | 13.6901 | |
VORTEX (21): | 0.9902 | |
Stochastique (14,3,5): | 40.47 | |
TEMA (21): | 13.6856 | |
Williams %R (14): | -66.39 | |
Chande Momentum Oscillator (20): | 0.0010 | |
Repulse (5,40,3): | -0.0637 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0186 | |
Courbe Coppock: | 0.15 |
MA7: | 13.7819 | |
MA20: | 13.9888 | |
MA50: | 13.9891 | |
MA100: | 14.0658 | |
MAexp7: | 13.6927 | |
MAexp20: | 13.7021 | |
MAexp50: | 13.7337 | |
MAexp100: | 13.7774 | |
Price / MA7: | -0.67% | |
Price / MA20: | -2.14% | |
Price / MA50: | -2.14% | |
Price / MA100: | -2.68% | |
Price / MAexp7: | -0.02% | |
Price / MAexp20: | -0.09% | |
Price / MAexp50: | -0.32% | |
Price / MAexp100: | -0.64% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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