GBP/USD - 1H - Technical analysis published on 03/17/2025 (GMT)
- 59
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : IN PROGRESS...
Only Londinia subscribers can view the key levels of this analysis. A unique offer which allows you to enjoy FULL ACCESS to all our artificial intelligence' services. Discover Londinia...
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above
My targets
()
()
My analysis
The bullish trend is currently very strong on GBP/USD. As long as the price remains above the support at , you could try to benefit from the boom. The first bullish objective is located at . The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at as an objective. Crossing it would then enable buyers to target . Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
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:
Additional analysis
Quotes
GBP/USD rating 1.2990 USD. On the day, this instrument gained +0.43% and was between 1.2910 USD and 1.2999 USD. This implies that the price is at +0.62% from its lowest and at -0.07% from its highest.1.2910
1.2999
1.2990
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this GBP/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2 (Daily)
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1 (Weekly)
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 1.2946 | 1.2967 | 1.2989 | 1.2990 | 1.3128 | 1.3255 | 1.3423 |
| Change (%) | -0.34% | -0.18% | -0.01% | - | +1.06% | +2.04% | +3.33% |
| Change | -0.0044 | -0.0023 | -0.0001 | - | +0.0138 | +0.0265 | +0.0433 |
| Level | Intermediate | Minor | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2862 | 1.2887 | 1.2910 | 1.2935 | 1.2958 | 1.2983 | 1.3006 |
| Camarilla | 1.2921 | 1.2925 | 1.2930 | 1.2934 | 1.2938 | 1.2943 | 1.2947 |
| Woodie | 1.2862 | 1.2887 | 1.2910 | 1.2935 | 1.2958 | 1.2983 | 1.3006 |
| Fibonacci | 1.2887 | 1.2905 | 1.2916 | 1.2935 | 1.2953 | 1.2964 | 1.2983 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2739 | 1.2800 | 1.2867 | 1.2928 | 1.2995 | 1.3056 | 1.3123 |
| Camarilla | 1.2899 | 1.2911 | 1.2922 | 1.2934 | 1.2946 | 1.2958 | 1.2969 |
| Woodie | 1.2742 | 1.2802 | 1.2870 | 1.2930 | 1.2998 | 1.3058 | 1.3126 |
| Fibonacci | 1.2800 | 1.2849 | 1.2879 | 1.2928 | 1.2977 | 1.3007 | 1.3056 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1845 | 1.2047 | 1.2312 | 1.2514 | 1.2779 | 1.2981 | 1.3246 |
| Camarilla | 1.2449 | 1.2491 | 1.2534 | 1.2577 | 1.2620 | 1.2663 | 1.2705 |
| Woodie | 1.1877 | 1.2063 | 1.2344 | 1.2530 | 1.2811 | 1.2997 | 1.3278 |
| Fibonacci | 1.2047 | 1.2225 | 1.2336 | 1.2514 | 1.2692 | 1.2803 | 1.2981 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 74.63 | |
| MACD (12,26,9): | 0.0016 | |
| Directional Movement: | 14.3694 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 1.2988 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2977 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 1.2956 | |
| Zig ZAG (10): | 1.2995 | |
| VORTEX (21): | 1.2302 | |
| Stochastique (14,3,5): | 93.39 | |
| TEMA (21): | 1.2999 | |
| Williams %R (14): | -7.14 | |
| Chande Momentum Oscillator (20): | 0.0052 | |
| Repulse (5,40,3): | 0.0417 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0133 | |
| Courbe Coppock: | 0.83 |
| MA7: | 1.2941 | |
| MA20: | 1.2775 | |
| MA50: | 1.2544 | |
| MA100: | 1.2623 | |
| MAexp7: | 1.2988 | |
| MAexp20: | 1.2970 | |
| MAexp50: | 1.2955 | |
| MAexp100: | 1.2941 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +1.68% | |
| Price / MA50: | +3.56% | |
| Price / MA100: | +2.91% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.38% |
Quotes :
-
Real time data
-
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 Dollar Recover from Here?
-
GBP/USD Analysis: Will the Pound Continue Higher?
-
GBP/USD Analysis: Is the Pound Getting Exhausted?
-
Technical Outlook on USDJPY, USDCAD, GBPUSD
-
GBP/USD Analysis: Can the Pound Break the Dollar?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis GBP/USD - 1H