GBP/USD - 1H - Technical analysis published on 02/24/2025 (GMT)
- 61
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
17%
67%
17%
My opinion
Neutral between 1.2563 USD and 1.2686 USD
My targets
-
My analysis
The short-term decline on GBP/USD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 1.2563 USD. The first resistance is located at 1.2686 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/USD rating is 1.2641 USD. On the day, this instrument gained +0.06% with the lowest point at 1.2622 USD and the highest point at 1.2691 USD. The deviation from the price is +0.15% for the low point and -0.39% for the high point.1.2622
1.2691
1.2641
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/USD:
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. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
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 | 1.2641 | 1.2686 | 1.2824 | 1.3128 |
| Change (%) | -1.13% | -0.62% | -0.01% | - | +0.36% | +1.45% | +3.85% |
| Change | -0.0143 | -0.0078 | -0.0001 | - | +0.0045 | +0.0183 | +0.0487 |
| Level | Major | Intermediate | Minor | - | 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 | 1.2558 | 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): | 43.24 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.8162 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.2651 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2677 | |
| Elder Ray (13): | -0.0011 | |
| Super Trend (3,10): | 1.2631 | |
| Zig ZAG (10): | 1.2639 | |
| VORTEX (21): | 1.0027 | |
| Stochastique (14,3,5): | 24.29 | |
| TEMA (21): | 1.2646 | |
| Williams %R (14): | -80.30 | |
| Chande Momentum Oscillator (20): | -0.0027 | |
| Repulse (5,40,3): | -0.0210 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0028 | |
| Courbe Coppock: | 0.05 |
| MA7: | 1.2622 | |
| MA20: | 1.2506 | |
| MA50: | 1.2461 | |
| MA100: | 1.2655 | |
| MAexp7: | 1.2646 | |
| MAexp20: | 1.2651 | |
| MAexp50: | 1.2645 | |
| MAexp100: | 1.2625 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | +1.08% | |
| Price / MA50: | +1.44% | |
| Price / MA100: | -0.11% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.13% |
Quotes :
-
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 Analysis: Can the Pound Continue Higher from Here?
-
GBP/USD Analysis: Can the USD Continue to Strengthen?
-
GBP/USD Analysis: Can the Pound Continue Higher?
-
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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