GBP/USD
GBP USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPUSD
ISIN:

GBP/USD - Weekly - Technical analysis published on 03/06/2025 (GMT)

  • 304
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 1.2343 USD
My targets
1.3128 USD (+0.0233)
1.3423 USD (+0.0528)
My analysis
A bullish trend on GBP/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 1.2343 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.3128 USD. Then the price could move towards 1.3423 USD. Then 1.4237 USD by extension. Be careful, a return below 1.2343 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
5.2

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. 1H Daily

Additional analysis

Quotes

The GBP/USD price is 1.2895 USD. Over 5 days, this instrument gained +2.37% with the lowest point at 1.2573 USD and the highest point at 1.2924 USD. The deviation from the price is +2.56% for the low point and -0.22% for the high point.

1.2573
1.2924
1.2895

Here is a more detailed summary of the historical variations registered by GBP/USD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


Technical analysis of GBP/USD in Weekly shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Weekly


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Weekly


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Weekly


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Weekly


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Weekly



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Weekly


Aroon indicator bullish trend

Type : Bullish

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Weekly


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.2044 1.2343 1.2824 1.2895 1.3128 1.3423 1.4237
Change (%) -6.60% -4.28% -0.55% - +1.81% +4.09% +10.41%
Change -0.0851 -0.0552 -0.0071 - +0.0233 +0.0528 +0.1342
Level Major Major Major - Major Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.26721.27201.28051.28531.29381.29861.3071
Camarilla1.28531.28661.28781.28901.29021.29141.2927
Woodie1.26911.27291.28241.28621.29571.29951.3090
Fibonacci1.27201.27711.28021.28531.29041.29351.2986


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.23621.24601.25191.26171.26761.27741.2833
Camarilla1.25341.25481.25631.25771.25911.26061.2620
Woodie1.23421.24501.24991.26071.26561.27641.2813
Fibonacci1.24601.25201.25571.26171.26771.27141.2774


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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 57.78
MACD (12,26,9): -0.0058
Directional Movement: 1.1096
AROON (14): 50.0000
DEMA (21): 1.2539
Parabolic SAR (0,02-0,02-0,2): 1.2250
Elder Ray (13): 0.0155
Super Trend (3,10): 1.2056
Zig ZAG (10): 1.2889
VORTEX (21): 0.9061
Stochastique (14,3,5): 79.27
TEMA (21): 1.2503
Williams %R (14): -4.37
Chande Momentum Oscillator (20): 0.0269
Repulse (5,40,3): 3.2304
ROCnROLL: 1
TRIX (15,9): -0.1148
Courbe Coppock: 2.95
MA7: 1.2733
MA20: 1.2618
MA50: 1.2482
MA100: 1.2627
MAexp7: 1.2613
MAexp20: 1.2625
MAexp50: 1.2680
MAexp100: 1.2662
Price / MA7: +1.27%
Price / MA20: +2.20%
Price / MA50: +3.31%
Price / MA100: +2.12%
Price / MAexp7: +2.24%
Price / MAexp20: +2.14%
Price / MAexp50: +1.70%
Price / MAexp100: +1.84%

Quotes : - Real time data - Forex

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

About author

Online

Overall rating :
15876
Number of analyses :
Followers :
0
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 - Weekly

OSZAR »