GBP/SEK

- SEK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	GBPSEK
ISIN:

GBP/SEK - Daily - Technical analysis published on 09/08/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

17%

50%

My opinion

Bullish above 13.7708 SEK

My targets

13.9672 SEK (+0.0698)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/SEK as long as the price remains well above 13.7708 SEK. The buyers' bullish objective is set at 13.9672 SEK. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

6.6

Comment on the analysis

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:

Additional analysis

Quotes

The GBP/SEK rating is 13.8974 SEK. The price registered a decrease of -0.02% on the session and was between 13.8492 SEK and 13.9144 SEK. This implies that the price is at +0.35% from its lowest and at -0.12% from its highest.

13.8492

13.9144

13.8974

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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:

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of GBP/SEK in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. The Central Indicators scanner found this result concerning these indicators:

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	13.2906	13.5821	13.7708	13.8974	13.9672
Change (%)	-4.37%	-2.27%	-0.91%	-	+0.50%
Change	-0.6068	-0.3153	-0.1266	-	+0.0698
Level	Intermediate	Intermediate	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.7871	13.8140	13.8567	13.8836	13.9263	13.9532	13.9959
Camarilla	13.8804	13.8867	13.8931	13.8995	13.9059	13.9123	13.9186
Woodie	13.7951	13.8180	13.8647	13.8876	13.9343	13.9572	14.0039
Fibonacci	13.8140	13.8406	13.8570	13.8836	13.9102	13.9266	13.9532

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.5457	13.6336	13.7689	13.8568	13.9921	14.0800	14.2153
Camarilla	13.8429	13.8634	13.8838	13.9043	13.9248	13.9452	13.9657
Woodie	13.5695	13.6455	13.7927	13.8687	14.0159	14.0919	14.2391
Fibonacci	13.6336	13.7188	13.7715	13.8568	13.9420	13.9947	14.0800

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.0117	13.2368	13.5576	13.7827	14.1035	14.3286	14.6494
Camarilla	13.7283	13.7783	13.8284	13.8784	13.9284	13.9785	14.0285
Woodie	13.0596	13.2607	13.6055	13.8066	14.1514	14.3525	14.6973
Fibonacci	13.2368	13.4453	13.5742	13.7827	13.9912	14.1201	14.3286

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):	56.94
MACD (12,26,9):	0.0654
Directional Movement:	3.2672
AROON (14):	-50.0000
DEMA (21):	13.9296
Parabolic SAR (0,02-0,02-0,2):	13.7364
Elder Ray (13):	0.0113
Super Trend (3,10):	13.5626
Zig ZAG (10):	13.8937
VORTEX (21):	1.1420
Stochastique (14,3,5):	61.91
TEMA (21):	13.9340
Williams %R (14):	-36.52
Chande Momentum Oscillator (20):	0.0125
Repulse (5,40,3):	0.3004
ROCnROLL:	1
TRIX (15,9):	0.0810
Courbe Coppock:	0.13

MA7:	13.9006
MA20:	13.8764
MA50:	13.6864
MA100:	13.4847
MAexp7:	13.8902
MAexp20:	13.8378
MAexp50:	13.7045
MAexp100:	13.5032
Price / MA7:	-0.02%
Price / MA20:	+0.15%
Price / MA50:	+1.54%
Price / MA100:	+3.06%
Price / MAexp7:	+0.05%
Price / MAexp20:	+0.43%
Price / MAexp50:	+1.41%
Price / MAexp100:	+2.92%

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 AI

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