GBP/PLN - 1H - Technical analysis published on 11/26/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 5.0167 PLN
My targets
4.9969 PLN (-0.0130)
4.9853 PLN (-0.0246)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBP/PLN as long as the price remains well below 5.0167 PLN. The sellers” bearish objective is set at 4.9969 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.9853 PLN. In case of crossing, the next objective would be the support located at 4.9793 PLN.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/PLN price is 5.0099 PLN. The price registered a decrease of -0.09% on the session and was traded between 5.0044 PLN and 5.0166 PLN over the period. The price is currently at +0.11% from its lowest and -0.13% from its highest.5.0044
5.0166
5.0099
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/PLN:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/PLN indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.9853 | 4.9969 | 5.0084 | 5.0099 | 5.0167 | 5.0286 | 5.0411 |
| Change (%) | -0.49% | -0.26% | -0.03% | - | +0.14% | +0.37% | +0.62% |
| Change | -0.0246 | -0.0130 | -0.0015 | - | +0.0068 | +0.0187 | +0.0312 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 4.9702 | 4.9835 | 4.9990 | 5.0123 | 5.0278 | 5.0411 | 5.0566 |
| Camarilla | 5.0066 | 5.0092 | 5.0119 | 5.0145 | 5.0171 | 5.0198 | 5.0224 |
| Woodie | 4.9713 | 4.9841 | 5.0001 | 5.0129 | 5.0289 | 5.0417 | 5.0577 |
| Fibonacci | 4.9835 | 4.9945 | 5.0013 | 5.0123 | 5.0233 | 5.0301 | 5.0411 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.9170 | 4.9431 | 4.9763 | 5.0024 | 5.0356 | 5.0617 | 5.0949 |
| Camarilla | 4.9931 | 4.9985 | 5.0040 | 5.0094 | 5.0148 | 5.0203 | 5.0257 |
| Woodie | 4.9205 | 4.9449 | 4.9798 | 5.0042 | 5.0391 | 5.0635 | 5.0984 |
| Fibonacci | 4.9431 | 4.9658 | 4.9798 | 5.0024 | 5.0251 | 5.0391 | 5.0617 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.7094 | 4.8015 | 4.9618 | 5.0539 | 5.2142 | 5.3063 | 5.4666 |
| Camarilla | 5.0527 | 5.0758 | 5.0990 | 5.1221 | 5.1452 | 5.1684 | 5.1915 |
| Woodie | 4.7435 | 4.8186 | 4.9959 | 5.0710 | 5.2483 | 5.3234 | 5.5007 |
| Fibonacci | 4.8015 | 4.8979 | 4.9575 | 5.0539 | 5.1503 | 5.2099 | 5.3063 |
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): | 39.04 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -7.7208 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 5.0125 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.0256 | |
| Elder Ray (13): | -0.0039 | |
| Super Trend (3,10): | 5.0234 | |
| Zig ZAG (10): | 5.0107 | |
| VORTEX (21): | 1.0618 | |
| Stochastique (14,3,5): | 33.17 | |
| TEMA (21): | 5.0125 | |
| Williams %R (14): | -62.18 | |
| Chande Momentum Oscillator (20): | -0.0059 | |
| Repulse (5,40,3): | -0.0196 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0004 | |
| Courbe Coppock: | 0.10 |
| MA7: | 5.0091 | |
| MA20: | 5.0235 | |
| MA50: | 5.0005 | |
| MA100: | 4.9468 | |
| MAexp7: | 5.0116 | |
| MAexp20: | 5.0132 | |
| MAexp50: | 5.0142 | |
| MAexp100: | 5.0133 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | -0.27% | |
| Price / MA50: | +0.19% | |
| Price / MA100: | +1.28% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.07% |
Quotes :
2020-11-26 08:47:00
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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