GBP/PLN - 1H - Technical analysis published on 11/19/2024 (GMT)
- 65
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Additional analysis
Quotes
The GBP/PLN price is 5.1811 PLN. The price registered an increase of +0.33% on the session with the lowest point at 5.1643 PLN and the highest point at 5.1818 PLN. The deviation from the price is +0.33% for the low point and -0.01% for the high point.The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
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 this 1H chart of GBP/PLN indicates that the overall trend is bearish. The signals given by the moving averages are at 64.29% bearish. This bearish trend could quickly slow down given the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.0596 | 5.1120 | 5.1591 | 5.1811 | 5.1820 | 5.1941 | 5.2195 |
| Change (%) | -2.35% | -1.33% | -0.42% | - | +0.02% | +0.25% | +0.74% |
| Change | -0.1215 | -0.0691 | -0.0220 | - | +0.0009 | +0.0130 | +0.0384 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.1090 | 5.1328 | 5.1485 | 5.1723 | 5.1880 | 5.2118 | 5.2275 |
| Camarilla | 5.1533 | 5.1570 | 5.1606 | 5.1642 | 5.1678 | 5.1714 | 5.1751 |
| Woodie | 5.1050 | 5.1308 | 5.1445 | 5.1703 | 5.1840 | 5.2098 | 5.2235 |
| Fibonacci | 5.1328 | 5.1479 | 5.1572 | 5.1723 | 5.1874 | 5.1967 | 5.2118 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.0225 | 5.0930 | 5.1321 | 5.2026 | 5.2417 | 5.3122 | 5.3513 |
| Camarilla | 5.1411 | 5.1511 | 5.1612 | 5.1712 | 5.1813 | 5.1913 | 5.2013 |
| Woodie | 5.0068 | 5.0852 | 5.1164 | 5.1948 | 5.2260 | 5.3044 | 5.3356 |
| Fibonacci | 5.0930 | 5.1349 | 5.1607 | 5.2026 | 5.2445 | 5.2703 | 5.3122 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.9618 | 5.0334 | 5.0961 | 5.1677 | 5.2304 | 5.3020 | 5.3647 |
| Camarilla | 5.1218 | 5.1341 | 5.1464 | 5.1587 | 5.1710 | 5.1833 | 5.1956 |
| Woodie | 4.9573 | 5.0312 | 5.0916 | 5.1655 | 5.2259 | 5.2998 | 5.3602 |
| Fibonacci | 5.0334 | 5.0847 | 5.1164 | 5.1677 | 5.2190 | 5.2507 | 5.3020 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
| RSI (14): | 55.25 | |
| MACD (12,26,9): | -0.0038 | |
| Directional Movement: | 10.1350 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 5.1629 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.1566 | |
| Elder Ray (13): | 0.0044 | |
| Super Trend (3,10): | 5.1810 | |
| Zig ZAG (10): | 5.1772 | |
| VORTEX (21): | 0.9548 | |
| Stochastique (14,3,5): | 34.58 | |
| TEMA (21): | 5.1638 | |
| Williams %R (14): | -40.23 | |
| Chande Momentum Oscillator (20): | -0.0018 | |
| Repulse (5,40,3): | 0.3330 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0130 | |
| Courbe Coppock: | 0.55 |
| MA7: | 5.2030 | |
| MA20: | 5.2028 | |
| MA50: | 5.1574 | |
| MA100: | 5.1088 | |
| MAexp7: | 5.1663 | |
| MAexp20: | 5.1683 | |
| MAexp50: | 5.1780 | |
| MAexp100: | 5.1910 | |
| Price / MA7: | -0.42% | |
| Price / MA20: | -0.42% | |
| Price / MA50: | +0.46% | |
| Price / MA100: | +1.42% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | -0.19% |
News
Don't forget to follow the news on GBP/PLN. At the time of publication of this analysis, the latest news was as follows:
GBP/PLN Forecast May 31, 2024About author
Online
Add a comment
Comments
0 comments on the analysis GBP/PLN - 1H