GBP/PLN - 1H - Technical analysis published on 03/25/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 4.9835 PLN
My targets
5.0056 PLN (+0.0092)
5.0213 PLN (+0.0249)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for GBP/PLN as long as the price remains well above 4.9835 PLN. The buyers' bullish objective is set at 5.0056 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.0213 PLN. If there is any crossing, the next objective would be the resistance located at 5.0293 PLN.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/PLN rating 4.9964 PLN. The price is lower by -0.01% since the last closing and was traded between 4.9779 PLN and 4.9980 PLN over the period. The price is currently at +0.37% from its lowest and -0.03% from its highest.4.9779
4.9980
4.9964
Here is a more detailed summary of the historical variations registered by GBP/PLN:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
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 not clearly defined. This indecision could turn into a bullish trend due to 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 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 4.9585 | 4.9681 | 4.9835 | 4.9964 | 4.9980 | 5.0056 | 5.0213 |
| Change (%) | -0.76% | -0.57% | -0.26% | - | +0.03% | +0.18% | +0.50% |
| Change | -0.0379 | -0.0283 | -0.0129 | - | +0.0016 | +0.0092 | +0.0249 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.9526 | 4.9680 | 4.9823 | 4.9977 | 5.0120 | 5.0274 | 5.0417 |
| Camarilla | 4.9885 | 4.9913 | 4.9940 | 4.9967 | 4.9994 | 5.0022 | 5.0049 |
| Woodie | 4.9522 | 4.9677 | 4.9819 | 4.9974 | 5.0116 | 5.0271 | 5.0413 |
| Fibonacci | 4.9680 | 4.9793 | 4.9863 | 4.9977 | 5.0090 | 5.0160 | 5.0274 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.8995 | 4.9289 | 4.9704 | 4.9998 | 5.0413 | 5.0707 | 5.1122 |
| Camarilla | 4.9923 | 4.9988 | 5.0053 | 5.0118 | 5.0183 | 5.0248 | 5.0313 |
| Woodie | 4.9055 | 4.9319 | 4.9764 | 5.0028 | 5.0473 | 5.0737 | 5.1182 |
| Fibonacci | 4.9289 | 4.9560 | 4.9728 | 4.9998 | 5.0269 | 5.0437 | 5.0707 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.8668 | 4.9214 | 5.0002 | 5.0548 | 5.1336 | 5.1882 | 5.2670 |
| Camarilla | 5.0424 | 5.0546 | 5.0669 | 5.0791 | 5.0913 | 5.1036 | 5.1158 |
| Woodie | 4.8790 | 4.9275 | 5.0124 | 5.0609 | 5.1458 | 5.1943 | 5.2792 |
| Fibonacci | 4.9214 | 4.9723 | 5.0038 | 5.0548 | 5.1057 | 5.1372 | 5.1882 |
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): | 55.87 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | 3.6087 | |
| AROON (14): | -57.1428 | |
| DEMA (21): | 4.9891 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.9789 | |
| Elder Ray (13): | 0.0034 | |
| Super Trend (3,10): | 5.0037 | |
| Zig ZAG (10): | 4.9953 | |
| VORTEX (21): | 1.0045 | |
| Stochastique (14,3,5): | 77.04 | |
| TEMA (21): | 4.9905 | |
| Williams %R (14): | -8.67 | |
| Chande Momentum Oscillator (20): | 0.0096 | |
| Repulse (5,40,3): | 0.1461 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0070 | |
| Courbe Coppock: | 0.11 |
| MA7: | 4.9928 | |
| MA20: | 4.9995 | |
| MA50: | 5.0153 | |
| MA100: | 5.0894 | |
| MAexp7: | 4.9927 | |
| MAexp20: | 4.9911 | |
| MAexp50: | 4.9945 | |
| MAexp100: | 4.9952 | |
| Price / MA7: | +0.07% | |
| Price / MA20: | -0.06% | |
| Price / MA50: | -0.38% | |
| Price / MA100: | -1.83% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.02% |
Quotes :
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Real time data
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Forex
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, 2024This member declared not having a position on this financial instrument or a related financial instrument.
About author
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