GBP/USD - 1H - Technical analysis published on 03/18/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.2966 USD
My targets
1.3056 USD (+0.0052)
1.3128 USD (+0.0124)
My analysis
The bullish trend is currently very strong on GBP/USD. As long as the price remains above the support at 1.2966 USD, you could try to benefit from the boom. The first bullish objective is located at 1.3056 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.3128 USD as an objective. Crossing it would then enable buyers to target 1.3255 USD. 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
8.6
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.3004 USD. The price registered an increase of +0.15% on the session and was between 1.2951 USD and 1.3010 USD. This implies that the price is at +0.41% from its lowest and at -0.05% from its highest.1.2951
1.3010
1.3004
Here is a more detailed summary of the historical variations registered by GBP/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GBP/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1 (Daily)
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 1 (Weekly)
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1 (Monthly)
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2946 | 1.2966 | 1.2999 | 1.3004 | 1.3128 | 1.3255 | 1.3423 |
| Change (%) | -0.45% | -0.29% | -0.04% | - | +0.95% | +1.93% | +3.22% |
| Change | -0.0058 | -0.0038 | -0.0005 | - | +0.0124 | +0.0251 | +0.0419 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2841 | 1.2875 | 1.2930 | 1.2964 | 1.3019 | 1.3053 | 1.3108 |
| Camarilla | 1.2960 | 1.2968 | 1.2976 | 1.2984 | 1.2992 | 1.3000 | 1.3009 |
| Woodie | 1.2851 | 1.2880 | 1.2940 | 1.2969 | 1.3029 | 1.3058 | 1.3118 |
| Fibonacci | 1.2875 | 1.2909 | 1.2930 | 1.2964 | 1.2998 | 1.3019 | 1.3053 |
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 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): | 63.12 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 7.4605 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.2998 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2962 | |
| Elder Ray (13): | 0.0013 | |
| Super Trend (3,10): | 1.2964 | |
| Zig ZAG (10): | 1.3006 | |
| VORTEX (21): | 1.0640 | |
| Stochastique (14,3,5): | 93.73 | |
| TEMA (21): | 1.3000 | |
| Williams %R (14): | -6.78 | |
| Chande Momentum Oscillator (20): | 0.0009 | |
| Repulse (5,40,3): | 0.0972 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0065 | |
| Courbe Coppock: | 0.21 |
| MA7: | 1.2952 | |
| MA20: | 1.2794 | |
| MA50: | 1.2554 | |
| MA100: | 1.2624 | |
| MAexp7: | 1.2998 | |
| MAexp20: | 1.2988 | |
| MAexp50: | 1.2975 | |
| MAexp100: | 1.2959 | |
| Price / MA7: | +0.40% | |
| Price / MA20: | +1.64% | |
| Price / MA50: | +3.58% | |
| Price / MA100: | +3.01% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.35% |
Quotes :
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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 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.
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