GBP/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	GBPUSD
ISIN:

GBP/USD - Weekly - Technical analysis published on 03/23/2022 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 1.3620 USD

My targets

1.2977 USD (-0.0233)

1.2493 USD (-0.0717)

My analysis

In the short term, we can see an acceleration in the bearish trend on GBP/USD, which is a positive signal for sellers. As long as the price remains above 1.3620 USD, a sale could be considered. The first bearish objective is located at 1.2977 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.2493 USD as an objective. Crossing it would then enable sellers to target 1.2037 USD. If the price were to return above 1.3620 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

6.1

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 TheFuss. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBP/USD rating is 1.3210 USD. The price is up +0.53% over 5 days and was traded between 1.3120 USD and 1.3274 USD over the period. The price is currently at +0.69% from its lowest point and -0.48% from its highest point.

1.3120

1.3274

1.3210

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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 Weekly chart of GBP/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bearish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.2037	1.2493	1.2977	1.3210	1.3317	1.3964	1.4263
Change (%)	-8.88%	-5.43%	-1.76%	-	+0.81%	+5.71%	+7.97%
Change	-0.1173	-0.0717	-0.0233	-	+0.0107	+0.0754	+0.1053
Level	Major	Intermediate	Intermediate	-	Major	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	1.3012	1.3066	1.3166	1.3220	1.3320	1.3374	1.3474
Camarilla	1.3224	1.3238	1.3252	1.3266	1.3280	1.3294	1.3308
Woodie	1.3035	1.3078	1.3189	1.3232	1.3343	1.3386	1.3497
Fibonacci	1.3066	1.3125	1.3161	1.3220	1.3279	1.3315	1.3374

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.2835	1.2918	1.3046	1.3129	1.3257	1.3340	1.3468
Camarilla	1.3117	1.3136	1.3156	1.3175	1.3194	1.3214	1.3233
Woodie	1.2859	1.2929	1.3070	1.3140	1.3281	1.3351	1.3492
Fibonacci	1.2918	1.2998	1.3048	1.3129	1.3209	1.3259	1.3340

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.2878	1.3075	1.3249	1.3446	1.3620	1.3817	1.3991
Camarilla	1.3320	1.3354	1.3388	1.3422	1.3456	1.3490	1.3524
Woodie	1.2866	1.3069	1.3237	1.3440	1.3608	1.3811	1.3979
Fibonacci	1.3075	1.3217	1.3305	1.3446	1.3588	1.3676	1.3817

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	41.16
MACD (12,26,9):	-0.0108
Directional Movement:	-11.9932
AROON (14):	-64.2857
DEMA (21):	1.3275
Parabolic SAR (0,02-0,02-0,2):	1.3622
Elder Ray (13):	-0.0141
Super Trend (3,10):	1.3731
Zig ZAG (10):	1.3208
VORTEX (21):	0.8714
Stochastique (14,3,5):	17.55
TEMA (21):	1.3216
Williams %R (14):	-72.23
Chande Momentum Oscillator (20):	-0.0320
Repulse (5,40,3):	-0.3759
ROCnROLL:	2
TRIX (15,9):	-0.0920
Courbe Coppock:	1.36

MA7:	1.3166
MA20:	1.3211
MA50:	1.3417
MA100:	1.3407
MAexp7:	1.3274
MAexp20:	1.3410
MAexp50:	1.3504
MAexp100:	1.3425
Price / MA7:	+0.33%
Price / MA20:	-0.01%
Price / MA50:	-1.54%
Price / MA100:	-1.47%
Price / MAexp7:	-0.48%
Price / MAexp20:	-1.49%
Price / MAexp50:	-2.18%
Price / MAexp100:	-1.60%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on GBP/USD. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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