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

GBP/NOK - 1H - Technical analysis published on 03/20/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
11%
50%
39%
My opinion
Bearish under 13.7624 NOK
My targets
13.6826 NOK (-0.0398)
13.6213 NOK (-0.1011)
My analysis
There is a bearish trend on GBP/NOK both at the basic level and in the short term. A sale could be considered, so long as the price remains below 13.7624 NOK. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 13.6826 NOK. Then the price could move towards 13.6213 NOK. Then 13.5362 NOK by extension. Be careful, a return to above the resistance 13.7624 NOK would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.8

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/NOK rating 13.7224 NOK. The price is lower by -0.06% since the last closing with the lowest point at 13.7032 NOK and the highest point at 13.7671 NOK. The deviation from the price is +0.14% for the low point and -0.32% for the high point.

13.7032
13.7671
13.7224

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

Technical


Technical analysis of GBP/NOK in 1H shows an overall bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

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



The probability of a further decline is low given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back over -50

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 resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.5362 13.6213 13.6826 13.7224 13.7624 13.8816 13.9390
Change (%) -1.36% -0.74% -0.29% - +0.29% +1.16% +1.58%
Change -0.1862 -0.1011 -0.0398 - +0.0400 +0.1592 +0.2166
Level Minor Minor Major - Intermediate 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
Standard13.569313.623713.676913.731313.784513.838913.8921
Camarilla13.700513.710413.720213.730113.740013.749813.7597
Woodie13.568713.623413.676313.731013.783913.838613.8915
Fibonacci13.623713.664813.690213.731313.772413.797813.8389


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.347013.540913.670413.864313.993814.187714.3172
Camarilla13.710913.740513.770213.799813.829513.859113.8887
Woodie13.314713.524813.638113.848213.961514.171614.2849
Fibonacci13.540913.664513.740813.864313.987914.064214.1877


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.550213.694813.925514.070114.300814.445414.6761
Camarilla14.053114.087514.121914.156314.190714.225114.2595
Woodie13.593413.716313.968714.091614.344014.466914.7193
Fibonacci13.694813.838113.926714.070114.213414.302014.4454

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): 46.70
MACD (12,26,9): 0.0019
Directional Movement: 4.3378
AROON (14): -57.1429
DEMA (21): 13.7354
Parabolic SAR (0,02-0,02-0,2): 13.7108
Elder Ray (13): -0.0063
Super Trend (3,10): 13.6868
Zig ZAG (10): 13.7209
VORTEX (21): 1.0230
Stochastique (14,3,5): 25.91
TEMA (21): 13.7334
Williams %R (14): -94.59
Chande Momentum Oscillator (20): -0.0165
Repulse (5,40,3): -0.2396
ROCnROLL: 2
TRIX (15,9): 0.0033
Courbe Coppock: 0.05
MA7: 13.7570
MA20: 13.9598
MA50: 13.9765
MA100: 14.0556
MAexp7: 13.7297
MAexp20: 13.7332
MAexp50: 13.7303
MAexp100: 13.7454
Price / MA7: -0.25%
Price / MA20: -1.70%
Price / MA50: -1.82%
Price / MA100: -2.37%
Price / MAexp7: -0.05%
Price / MAexp20: -0.08%
Price / MAexp50: -0.06%
Price / MAexp100: -0.17%

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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