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

GBP/SEK - 1H - Technical analysis published on 08/16/2023 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 13.8227 SEK
My targets
13.9672 SEK (+0.0693)
My analysis
GBP/SEK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 13.8227 SEK. The next resistance located at 13.9672 SEK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
9.1

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/SEK price is 13.8979 SEK. The price has increased by +0.74% since the last closing with the lowest point at 13.7820 SEK and the highest point at 13.9033 SEK. The deviation from the price is +0.84% for the low point and -0.04% for the high point.

13.7820
13.9033
13.8979

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/SEK:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/SEK chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 13.6488 13.7708 13.8227 13.8979 13.9672
Change (%) -1.79% -0.91% -0.54% - +0.50%
Change -0.2491 -0.1271 -0.0752 - +0.0693
Level Intermediate Intermediate Intermediate - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.547513.608013.701813.762313.856113.916614.0104
Camarilla13.753313.767413.781613.795713.809813.824013.8381
Woodie13.564313.616313.718613.770613.872913.924914.0272
Fibonacci13.608013.666913.703313.762313.821213.857613.9166


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.262113.366013.559313.663213.856513.960414.1537
Camarilla13.670913.698113.725413.752613.779813.807113.8343
Woodie13.306813.388413.604013.685613.901213.982814.1984
Fibonacci13.366013.479513.549713.663213.776713.846913.9604


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.272312.714913.110213.552813.948114.390714.7860
Camarilla13.275213.352013.428813.505613.582413.659213.7360
Woodie12.248812.703113.086713.541013.924614.378914.7625
Fibonacci12.714913.034913.232713.552813.872814.070614.3907

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): 74.44
MACD (12,26,9): 0.0256
Directional Movement: 18.7832
AROON (14): 78.5714
DEMA (21): 13.8548
Parabolic SAR (0,02-0,02-0,2): 13.8133
Elder Ray (13): 0.0407
Super Trend (3,10): 13.7980
Zig ZAG (10): 13.8884
VORTEX (21): 1.1468
Stochastique (14,3,5): 95.99
TEMA (21): 13.8632
Williams %R (14): -0.37
Chande Momentum Oscillator (20): 0.0904
Repulse (5,40,3): 0.4570
ROCnROLL: 1
TRIX (15,9): 0.0203
Courbe Coppock: 0.80
MA7: 13.7070
MA20: 13.5518
MA50: 13.5973
MA100: 13.3140
MAexp7: 13.8565
MAexp20: 13.8230
MAexp50: 13.7826
MAexp100: 13.7353
Price / MA7: +1.39%
Price / MA20: +2.55%
Price / MA50: +2.21%
Price / MA100: +4.39%
Price / MAexp7: +0.30%
Price / MAexp20: +0.54%
Price / MAexp50: +0.84%
Price / MAexp100: +1.19%

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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Londinia
Londinia AI

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