GBP/USD - 1H - Technical analysis published on 02/24/2025 (GMT)
- 111
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Neutral between 1.2563 USD and 1.2686 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 1.2563 USD. The first resistance is located at 1.2686 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by GBP/USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.2640 USD. The price registered an increase of +0.06% on the session and was between 1.2622 USD and 1.2691 USD. This implies that the price is at +0.14% from its lowest and at -0.40% from its highest.1.2622
1.2691
1.2640
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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 this 1H chart of GBP/USD indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish 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: 4 are bullish, 8 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
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 | 1.2640 | 1.2640 | 1.2686 | 1.2824 | 1.3128 |
| Change (%) | -1.12% | -0.61% | 0% | - | +0.36% | +1.46% | +3.86% |
| Change | -0.0142 | -0.0077 | 0 | - | +0.0046 | +0.0184 | +0.0488 |
| Level | Major | Intermediate | Minor | - | 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 | 1.2558 | 1.2592 | 1.2612 | 1.2646 | 1.2666 | 1.2700 | 1.2720 |
| Camarilla | 1.2618 | 1.2623 | 1.2628 | 1.2633 | 1.2638 | 1.2643 | 1.2648 |
| Woodie | 1.2552 | 1.2589 | 1.2606 | 1.2643 | 1.2660 | 1.2697 | 1.2714 |
| Fibonacci | 1.2592 | 1.2612 | 1.2625 | 1.2646 | 1.2666 | 1.2679 | 1.2700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2455 | 1.2509 | 1.2571 | 1.2625 | 1.2687 | 1.2741 | 1.2803 |
| Camarilla | 1.2601 | 1.2612 | 1.2622 | 1.2633 | 1.2644 | 1.2654 | 1.2665 |
| Woodie | 1.2459 | 1.2511 | 1.2575 | 1.2627 | 1.2691 | 1.2743 | 1.2807 |
| Fibonacci | 1.2509 | 1.2553 | 1.2581 | 1.2625 | 1.2669 | 1.2697 | 1.2741 |
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): | 45.09 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.8642 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 1.2655 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2680 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 1.2631 | |
| Zig ZAG (10): | 1.2643 | |
| VORTEX (21): | 1.0108 | |
| Stochastique (14,3,5): | 26.46 | |
| TEMA (21): | 1.2650 | |
| Williams %R (14): | -74.24 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | 0.0318 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0037 | |
| Courbe Coppock: | 0.18 |
| MA7: | 1.2622 | |
| MA20: | 1.2507 | |
| MA50: | 1.2461 | |
| MA100: | 1.2655 | |
| MAexp7: | 1.2649 | |
| MAexp20: | 1.2653 | |
| MAexp50: | 1.2645 | |
| MAexp100: | 1.2625 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | +1.06% | |
| Price / MA50: | +1.44% | |
| Price / MA100: | -0.12% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | +0.12% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on GBP/USD at the time of the analysis were as follows:
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GBP/USD Analysis: Can the Pound Continue Higher from Here?
-
GBP/USD Analysis: Can the USD Continue to Strengthen?
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GBP/USD Analysis: Can the Pound Continue Higher?
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Technical Outlook on USDCAD, USDJPY, GBPUSD
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GBP/USD Analysis: Can the Pound Continue to Rise?
This member declared not having a position on this financial instrument or a related financial instrument.
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