GBP/USD - 15 min. - Technical analysis published on 02/16/2022 (GMT)
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- Timeframe : 15 min.
- - 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
83%
0%
17%
My opinion
Bullish above 1.3531 USD
My targets
1.3612 USD (+0.0035)
1.3657 USD (+0.0080)
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/USD as long as the price remains well above 1.3531 USD. The buyers' bullish objective is set at 1.3612 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3657 USD. If there is any crossing, the next objective would be the resistance located at 1.3701 USD. 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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This analysis was given by Crystal7. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD price is 1.3577 USD. On the day, this instrument gained +0.27% and was traded between 1.3538 USD and 1.3592 USD over the period. The price is currently at +0.29% from its lowest and -0.11% from its highest.1.3538
1.3592
1.3577
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in 15 min. of this GBP/USD 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.3495 | 1.3514 | 1.3548 | 1.3577 | 1.3589 | 1.3628 | 1.3644 |
| Change (%) | -0.60% | -0.46% | -0.21% | - | +0.09% | +0.38% | +0.49% |
| Change | -0.0082 | -0.0063 | -0.0029 | - | +0.0012 | +0.0051 | +0.0067 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3414 | 1.3450 | 1.3495 | 1.3531 | 1.3576 | 1.3612 | 1.3657 |
| Camarilla | 1.3518 | 1.3525 | 1.3533 | 1.3540 | 1.3547 | 1.3555 | 1.3562 |
| Woodie | 1.3419 | 1.3452 | 1.3500 | 1.3533 | 1.3581 | 1.3614 | 1.3662 |
| Fibonacci | 1.3450 | 1.3481 | 1.3500 | 1.3531 | 1.3562 | 1.3581 | 1.3612 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3333 | 1.3412 | 1.3487 | 1.3566 | 1.3641 | 1.3720 | 1.3795 |
| Camarilla | 1.3521 | 1.3535 | 1.3549 | 1.3563 | 1.3577 | 1.3591 | 1.3605 |
| Woodie | 1.3332 | 1.3411 | 1.3486 | 1.3565 | 1.3640 | 1.3719 | 1.3794 |
| Fibonacci | 1.3412 | 1.3471 | 1.3507 | 1.3566 | 1.3625 | 1.3661 | 1.3720 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2895 | 1.3126 | 1.3286 | 1.3517 | 1.3677 | 1.3908 | 1.4068 |
| Camarilla | 1.3338 | 1.3373 | 1.3409 | 1.3445 | 1.3481 | 1.3517 | 1.3553 |
| Woodie | 1.2859 | 1.3108 | 1.3250 | 1.3499 | 1.3641 | 1.3890 | 1.4032 |
| Fibonacci | 1.3126 | 1.3276 | 1.3368 | 1.3517 | 1.3667 | 1.3759 | 1.3908 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.65 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 17.6314 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 1.3574 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3551 | |
| Elder Ray (13): | 0.0008 | |
| Super Trend (3,10): | 1.3545 | |
| Zig ZAG (10): | 1.3577 | |
| VORTEX (21): | 1.0598 | |
| Stochastique (14,3,5): | 74.36 | |
| TEMA (21): | 1.3576 | |
| Williams %R (14): | -30.77 | |
| Chande Momentum Oscillator (20): | 0.0028 | |
| Repulse (5,40,3): | 0.0278 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0033 | |
| Courbe Coppock: | 0.26 |
| MA7: | 1.3548 | |
| MA20: | 1.3522 | |
| MA50: | 1.3482 | |
| MA100: | 1.3505 | |
| MAexp7: | 1.3574 | |
| MAexp20: | 1.3567 | |
| MAexp50: | 1.3560 | |
| MAexp100: | 1.3552 | |
| Price / MA7: | +0.21% | |
| Price / MA20: | +0.41% | |
| Price / MA50: | +0.70% | |
| Price / MA100: | +0.53% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | +0.18% |
Quotes :
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Real time data
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Forex
News
The last news published on GBP/USD at the time of the generation of this analysis was as follows:
-
GBP/USD Technical Analysis for February 17, 2022 by FXEmpire
-
GBP/USD Technical Analysis for February 16, 2022 by FXEmpire
-
Technical Analysis: 15/02/2022 - GBPUSD displays neutral tone tiptoeing on 100-MA
-
GBP/USD Technical Analysis for February 15, 2022 by FXEmpire
-
GBP/USD Technical Analysis for the Week of February 14, 2022 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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