GBP/USD - 15 min. - Technical analysis published on 11/01/2024 (GMT)
- 124
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 1.2914 USD
My targets
1.2827 USD (-0.0068)
1.2758 USD (-0.0137)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBP/USD as long as the price remains well below 1.2914 USD. The next bearish objective for sellers is set at 1.2827 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.2758 USD. If there is any crossing, the next objective would be the support located at 1.2671 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.9
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 shadybhai. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD rating is 1.2895 USD. The price registered a decrease of -0.02% on the session with the lowest point at 1.2889 USD and the highest point at 1.2901 USD. The deviation from the price is +0.05% for the low point and -0.05% for the high point.1.2889
1.2901
1.2895
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/USD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2561 | 1.2681 | 1.2833 | 1.2895 | 1.2907 | 1.2944 | 1.2975 |
| Change (%) | -2.59% | -1.66% | -0.48% | - | +0.09% | +0.38% | +0.62% |
| Change | -0.0334 | -0.0214 | -0.0062 | - | +0.0012 | +0.0049 | +0.0080 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Minor |
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 | 1.2671 | 1.2758 | 1.2827 | 1.2914 | 1.2983 | 1.3070 | 1.3139 |
| Camarilla | 1.2854 | 1.2868 | 1.2883 | 1.2897 | 1.2911 | 1.2926 | 1.2940 |
| Woodie | 1.2663 | 1.2754 | 1.2819 | 1.2910 | 1.2975 | 1.3066 | 1.3131 |
| Fibonacci | 1.2758 | 1.2817 | 1.2854 | 1.2914 | 1.2973 | 1.3010 | 1.3070 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2741 | 1.2824 | 1.2892 | 1.2975 | 1.3043 | 1.3126 | 1.3194 |
| Camarilla | 1.2919 | 1.2932 | 1.2946 | 1.2960 | 1.2974 | 1.2988 | 1.3002 |
| Woodie | 1.2734 | 1.2820 | 1.2885 | 1.2971 | 1.3036 | 1.3122 | 1.3187 |
| Fibonacci | 1.2824 | 1.2882 | 1.2917 | 1.2975 | 1.3033 | 1.3068 | 1.3126 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2151 | 1.2498 | 1.2697 | 1.3044 | 1.3243 | 1.3590 | 1.3789 |
| Camarilla | 1.2747 | 1.2797 | 1.2847 | 1.2897 | 1.2947 | 1.2997 | 1.3047 |
| Woodie | 1.2078 | 1.2461 | 1.2624 | 1.3007 | 1.3170 | 1.3553 | 1.3716 |
| Fibonacci | 1.2498 | 1.2706 | 1.2835 | 1.3044 | 1.3252 | 1.3381 | 1.3590 |
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): | 50.28 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -5.1275 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 1.2895 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2902 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.2908 | |
| Zig ZAG (10): | 1.2898 | |
| VORTEX (21): | 1.0632 | |
| Stochastique (14,3,5): | 52.38 | |
| TEMA (21): | 1.2901 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 0.0248 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0007 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.2953 | |
| MA20: | 1.3005 | |
| MA50: | 1.3128 | |
| MA100: | 1.2978 | |
| MAexp7: | 1.2897 | |
| MAexp20: | 1.2896 | |
| MAexp50: | 1.2905 | |
| MAexp100: | 1.2924 | |
| Price / MA7: | -0.45% | |
| Price / MA20: | -0.85% | |
| Price / MA50: | -1.77% | |
| Price / MA100: | -0.64% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.22% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on GBP/USD at the time of the analysis were as follows:
-
GBP/USD Forecast October 31, 2024
-
Going long GBP/USD as it recovers from recent weakness
-
GBP/USD Forecast October 24, 2024
-
GBP/USD Forecast October 22, 2024
-
GBP/USD Forecast October 17, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis GBP/USD - 15 min.