GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: GBPUSD
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GBP/USD - 1H - Technical analysis published on 03/17/2025 (GMT)

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  • 03/17/2025 - 12:20
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  • Timeframe : 1H
  • - Analysis generated on 03/17/2025 - 12:20
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.2946 USD
My targets
1.2989 USD (+0.0019)
1.3128 USD (+0.0158)
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 1.2946 USD. The buyers' bullish objective is set at 1.2989 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3128 USD. If there is any crossing, the next objective would be the resistance located at 1.3255 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/USD rating is 1.2970 USD. On the day, this instrument gained +0.28% with the lowest point at 1.2910 USD and the highest point at 1.2977 USD. The deviation from the price is +0.46% for the low point and -0.05% for the high point.

1.2910
1.2977
1.2970

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/USD:
Created with Raphaël 2.3.0-2024January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GBP/USD indicates that the overall trend is strongly bullish. 85.71% 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.2923 1.2946 1.2967 1.2970 1.2989 1.3128 1.3255
Change (%) -0.36% -0.19% -0.02% - +0.15% +1.22% +2.20%
Change -0.0047 -0.0024 -0.0003 - +0.0019 +0.0158 +0.0285
Level Major Intermediate Minor - Minor Major Minor



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
Standard1.28621.28871.29101.29351.29581.29831.3006
Camarilla1.29211.29251.29301.29341.29381.29431.2947
Woodie1.28621.28871.29101.29351.29581.29831.3006
Fibonacci1.28871.29051.29161.29351.29531.29641.2983


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.27391.28001.28671.29281.29951.30561.3123
Camarilla1.28991.29111.29221.29341.29461.29581.2969
Woodie1.27421.28021.28701.29301.29981.30581.3126
Fibonacci1.28001.28491.28791.29281.29771.30071.3056


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.18451.20471.23121.25141.27791.29811.3246
Camarilla1.24491.24911.25341.25771.26201.26631.2705
Woodie1.18771.20631.23441.25301.28111.29971.3278
Fibonacci1.20471.22251.23361.25141.26921.28031.2981

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy17
Moving averages
Created with Raphaël 2.3.0Buy24

RSI (14): 70.99
MACD (12,26,9): 0.0007
Directional Movement: 18.4955
AROON (14): 100.0000
DEMA (21): 1.2948
Parabolic SAR (0,02-0,02-0,2): 1.2928
Elder Ray (13): 0.0024
Super Trend (3,10): 1.2934
Zig ZAG (10): 1.2967
VORTEX (21): 1.2403
Stochastique (14,3,5): 89.72
TEMA (21): 1.2955
Williams %R (14): -7.84
Chande Momentum Oscillator (20): 0.0045
Repulse (5,40,3): 0.1239
ROCnROLL: 1
TRIX (15,9): 0.0020
Courbe Coppock: 0.38
MA7: 1.2938
MA20: 1.2774
MA50: 1.2543
MA100: 1.2623
MAexp7: 1.2959
MAexp20: 1.2943
MAexp50: 1.2941
MAexp100: 1.2932
Price / MA7: +0.25%
Price / MA20: +1.53%
Price / MA50: +3.40%
Price / MA100: +2.75%
Price / MAexp7: +0.08%
Price / MAexp20: +0.21%
Price / MAexp50: +0.22%
Price / MAexp100: +0.29%

Quotes : 03/17/2025 - 12:20 - Real time data - Forex

News


The last news published on GBP/USD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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