GBP/USD - Daily - Technical analysis published on 01/07/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 1.2686 USD
My targets
1.2496 USD (-0.0068)
1.2343 USD (-0.0221)
My analysis
GBP/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.2686 USD. The next support located at 1.2496 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.2343 USD. Below this support, sellers could then target 1.2044 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD price is 1.2564 USD. The price registered an increase of +0.44% on the session and was traded between 1.2504 USD and 1.2576 USD over the period. The price is currently at +0.48% from its lowest and -0.10% from its highest.1.2504
1.2576
1.2564
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/USD in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
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 | 1.2044 | 1.2343 | 1.2496 | 1.2564 | 1.2686 | 1.2824 | 1.3040 |
| Change (%) | -4.14% | -1.76% | -0.54% | - | +0.97% | +2.07% | +3.79% |
| Change | -0.0520 | -0.0221 | -0.0068 | - | +0.0122 | +0.0260 | +0.0476 |
| Level | Major | Major | Major | - | Intermediate | Intermediate | 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 | 1.2293 | 1.2353 | 1.2431 | 1.2491 | 1.2569 | 1.2629 | 1.2707 |
| Camarilla | 1.2471 | 1.2484 | 1.2496 | 1.2509 | 1.2522 | 1.2534 | 1.2547 |
| Woodie | 1.2302 | 1.2358 | 1.2440 | 1.2496 | 1.2578 | 1.2634 | 1.2716 |
| Fibonacci | 1.2353 | 1.2406 | 1.2438 | 1.2491 | 1.2544 | 1.2576 | 1.2629 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2061 | 1.2207 | 1.2315 | 1.2461 | 1.2569 | 1.2715 | 1.2823 |
| Camarilla | 1.2353 | 1.2376 | 1.2400 | 1.2423 | 1.2446 | 1.2470 | 1.2493 |
| Woodie | 1.2042 | 1.2198 | 1.2296 | 1.2452 | 1.2550 | 1.2706 | 1.2804 |
| Fibonacci | 1.2207 | 1.2304 | 1.2364 | 1.2461 | 1.2558 | 1.2618 | 1.2715 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2059 | 1.2267 | 1.2395 | 1.2603 | 1.2731 | 1.2939 | 1.3067 |
| Camarilla | 1.2431 | 1.2461 | 1.2492 | 1.2523 | 1.2554 | 1.2585 | 1.2615 |
| Woodie | 1.2019 | 1.2247 | 1.2355 | 1.2583 | 1.2691 | 1.2919 | 1.3027 |
| Fibonacci | 1.2267 | 1.2395 | 1.2475 | 1.2603 | 1.2731 | 1.2811 | 1.2939 |
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): | 47.73 | |
| MACD (12,26,9): | -0.0063 | |
| Directional Movement: | -6.0140 | |
| AROON (14): | -71.4285 | |
| DEMA (21): | 1.2483 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2353 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 1.2696 | |
| Zig ZAG (10): | 1.2566 | |
| VORTEX (21): | 0.9070 | |
| Stochastique (14,3,5): | 38.92 | |
| TEMA (21): | 1.2480 | |
| Williams %R (14): | -43.88 | |
| Chande Momentum Oscillator (20): | -0.0003 | |
| Repulse (5,40,3): | 0.7084 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0699 | |
| Courbe Coppock: | 2.72 |
| MA7: | 1.2503 | |
| MA20: | 1.2587 | |
| MA50: | 1.2695 | |
| MA100: | 1.2919 | |
| MAexp7: | 1.2511 | |
| MAexp20: | 1.2567 | |
| MAexp50: | 1.2688 | |
| MAexp100: | 1.2781 | |
| Price / MA7: | +0.49% | |
| Price / MA20: | -0.18% | |
| Price / MA50: | -1.03% | |
| Price / MA100: | -2.75% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.98% | |
| Price / MAexp100: | -1.70% |
Quotes :
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Real time data
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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:
-
GBP/USD Price Forecast - Sterling Rises, for Now
-
GBP/USD Forecast - Will Support Hold??? (January 2, 2025)
-
GBP/USD Forecast - Pound Continues to Struggle Against the Dollar
-
GBP/USD Forecast December 24, 2024
-
GBP/USD Forecast - Cable Looks to Find a Bottom (December 23, 2024)
This member declared not having a position on this financial instrument or a related financial instrument.
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