GBP/USD - 1H - Technical analysis published on 02/21/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 1.2635 USD
My targets
1.2686 USD (+0.0023)
1.2824 USD (+0.0161)
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 1.2635 USD. The buyers' bullish objective is set at 1.2686 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.2824 USD. If there is any crossing, the next objective would be the resistance located at 1.3128 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.2663 USD. The price registered a decrease of -0.05% on the session and was traded between 1.2653 USD and 1.2674 USD over the period. The price is currently at +0.08% from its lowest and -0.09% from its highest.1.2653
1.2674
1.2663
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2498 | 1.2563 | 1.2635 | 1.2663 | 1.2686 | 1.2824 | 1.3128 |
| Change (%) | -1.30% | -0.79% | -0.22% | - | +0.18% | +1.27% | +3.67% |
| Change | -0.0165 | -0.0100 | -0.0028 | - | +0.0023 | +0.0161 | +0.0465 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2514 | 1.2547 | 1.2608 | 1.2641 | 1.2702 | 1.2735 | 1.2796 |
| Camarilla | 1.2643 | 1.2652 | 1.2660 | 1.2669 | 1.2678 | 1.2686 | 1.2695 |
| Woodie | 1.2528 | 1.2554 | 1.2622 | 1.2648 | 1.2716 | 1.2742 | 1.2810 |
| Fibonacci | 1.2547 | 1.2583 | 1.2605 | 1.2641 | 1.2677 | 1.2699 | 1.2735 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2104 | 1.2218 | 1.2402 | 1.2516 | 1.2700 | 1.2814 | 1.2998 |
| Camarilla | 1.2504 | 1.2531 | 1.2559 | 1.2586 | 1.2613 | 1.2641 | 1.2668 |
| Woodie | 1.2139 | 1.2236 | 1.2437 | 1.2534 | 1.2735 | 1.2832 | 1.3033 |
| Fibonacci | 1.2218 | 1.2332 | 1.2402 | 1.2516 | 1.2630 | 1.2700 | 1.2814 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1662 | 1.1881 | 1.2138 | 1.2357 | 1.2614 | 1.2833 | 1.3090 |
| Camarilla | 1.2264 | 1.2308 | 1.2351 | 1.2395 | 1.2439 | 1.2482 | 1.2526 |
| Woodie | 1.1681 | 1.1891 | 1.2157 | 1.2367 | 1.2633 | 1.2843 | 1.3109 |
| Fibonacci | 1.1881 | 1.2063 | 1.2175 | 1.2357 | 1.2539 | 1.2651 | 1.2833 |
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): | 61.20 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 7.5360 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.2670 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2654 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.2630 | |
| Zig ZAG (10): | 1.2660 | |
| VORTEX (21): | 1.1886 | |
| Stochastique (14,3,5): | 71.45 | |
| TEMA (21): | 1.2675 | |
| Williams %R (14): | -37.84 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | -0.0007 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0196 | |
| Courbe Coppock: | 0.51 |
| MA7: | 1.2615 | |
| MA20: | 1.2498 | |
| MA50: | 1.2462 | |
| MA100: | 1.2660 | |
| MAexp7: | 1.2663 | |
| MAexp20: | 1.2650 | |
| MAexp50: | 1.2628 | |
| MAexp100: | 1.2605 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +1.32% | |
| Price / MA50: | +1.61% | |
| Price / MA100: | +0.02% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.28% | |
| Price / MAexp100: | +0.46% |
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 Analysis: Can the USD Continue to Strengthen?
-
GBP/USD Analysis: Can the Pound Continue Higher?
-
Technical Outlook on USDCAD, USDJPY, GBPUSD
-
GBP/USD Analysis: Can the Pound Continue to Rise?
-
GBP/USD Analysis: The Pound Recovers on Monday
This member declared not having a position on this financial instrument or a related financial instrument.
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