GBP/USD - Daily - Technical analysis published on 02/28/2025 (GMT)
- 63
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
44%
17%
39%
My opinion
Bullish above
My targets
()
()
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for GBP/USD as long as the price remains well above . The buyers' bullish objective is set at . A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at . If there is any crossing, the next objective would be the resistance located at .
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.7
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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 1.2584 USD. The price registered a decrease of -0.10% on the session and was traded between 1.2582 USD and 1.2611 USD over the period. The price is currently at +0.02% from its lowest and -0.21% from its highest.1.2582
1.2611
1.2584
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this GBP/USD chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.2166 | 1.2343 | 1.2498 | 1.2584 | 1.2685 | 1.2824 | 1.3128 |
Change (%) | -3.32% | -1.92% | -0.68% | - | +0.80% | +1.91% | +4.32% |
Change | -0.0418 | -0.0241 | -0.0086 | - | +0.0101 | +0.0240 | +0.0544 |
Level | Minor | Major | Intermediate | - | 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 | 1.2473 | 1.2534 | 1.2566 | 1.2627 | 1.2659 | 1.2720 | 1.2752 |
Camarilla | 1.2571 | 1.2580 | 1.2589 | 1.2597 | 1.2606 | 1.2614 | 1.2623 |
Woodie | 1.2458 | 1.2527 | 1.2551 | 1.2620 | 1.2644 | 1.2713 | 1.2737 |
Fibonacci | 1.2534 | 1.2570 | 1.2592 | 1.2627 | 1.2663 | 1.2685 | 1.2720 |
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): | 53.94 | |
MACD (12,26,9): | 0.0053 | |
Directional Movement: | 3.0414 | |
AROON (14): | 78.5714 | |
DEMA (21): | 1.2625 | |
Parabolic SAR (0,02-0,02-0,2): | 1.2580 | |
Elder Ray (13): | 0.0006 | |
Super Trend (3,10): | 1.2412 | |
Zig ZAG (10): | 1.2584 | |
VORTEX (21): | 1.0893 | |
Stochastique (14,3,5): | 75.17 | |
TEMA (21): | 1.2674 | |
Williams %R (14): | -34.38 | |
Chande Momentum Oscillator (20): | 0.0133 | |
Repulse (5,40,3): | -0.6416 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0602 | |
Courbe Coppock: | 3.04 |
MA7: | 1.2636 | |
MA20: | 1.2546 | |
MA50: | 1.2459 | |
MA100: | 1.2637 | |
MAexp7: | 1.2615 | |
MAexp20: | 1.2561 | |
MAexp50: | 1.2540 | |
MAexp100: | 1.2614 | |
Price / MA7: | -0.41% | |
Price / MA20: | +0.30% | |
Price / MA50: | +1.00% | |
Price / MA100: | -0.42% | |
Price / MAexp7: | -0.25% | |
Price / MAexp20: | +0.18% | |
Price / MAexp50: | +0.35% | |
Price / MAexp100: | -0.24% |
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:
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GBP/USD Analysis: Can the Pound Continue Higher from Here?
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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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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…
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