GBP/USD - 1H - Technical analysis published on 05/21/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.3334 USD
My targets
1.3423 USD (+0.0021)
1.3594 USD (+0.0192)
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 1.3334 USD. The buyers' bullish objective is set at 1.3423 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3594 USD. If there is any crossing, the next objective would be the resistance located at 1.3713 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
8.9
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This analysis was given by ADEL ALMUTAIRI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/USD rating 1.3402 USD. The price registered an increase of +0.04% on the session and was between 1.3395 USD and 1.3412 USD. This implies that the price is at +0.05% from its lowest and at -0.07% from its highest.1.3395
1.3412
1.3402
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in 1H of this GBP/USD chart shows a strongly bullish trend. 92.86% 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI 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
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3128 | 1.3257 | 1.3334 | 1.3402 | 1.3423 | 1.3713 | 1.4237 |
| Change (%) | -2.04% | -1.08% | -0.51% | - | +0.16% | +2.32% | +6.23% |
| Change | -0.0274 | -0.0145 | -0.0068 | - | +0.0021 | +0.0311 | +0.0835 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3292 | 1.3314 | 1.3355 | 1.3377 | 1.3418 | 1.3440 | 1.3481 |
| Camarilla | 1.3380 | 1.3386 | 1.3391 | 1.3397 | 1.3403 | 1.3409 | 1.3414 |
| Woodie | 1.3303 | 1.3319 | 1.3366 | 1.3382 | 1.3429 | 1.3445 | 1.3492 |
| Fibonacci | 1.3314 | 1.3338 | 1.3353 | 1.3377 | 1.3401 | 1.3416 | 1.3440 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2934 | 1.3037 | 1.3154 | 1.3257 | 1.3374 | 1.3477 | 1.3594 |
| Camarilla | 1.3211 | 1.3231 | 1.3251 | 1.3271 | 1.3291 | 1.3311 | 1.3332 |
| Woodie | 1.2941 | 1.3041 | 1.3161 | 1.3261 | 1.3381 | 1.3481 | 1.3601 |
| Fibonacci | 1.3037 | 1.3121 | 1.3173 | 1.3257 | 1.3341 | 1.3393 | 1.3477 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2135 | 1.2422 | 1.2871 | 1.3158 | 1.3607 | 1.3894 | 1.4343 |
| Camarilla | 1.3119 | 1.3186 | 1.3254 | 1.3321 | 1.3389 | 1.3456 | 1.3523 |
| Woodie | 1.2217 | 1.2463 | 1.2953 | 1.3199 | 1.3689 | 1.3935 | 1.4425 |
| Fibonacci | 1.2422 | 1.2703 | 1.2877 | 1.3158 | 1.3439 | 1.3613 | 1.3894 |
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): | 65.02 | |
| MACD (12,26,9): | 0.0012 | |
| Directional Movement: | 13.2367 | |
| AROON (14): | 85.7142 | |
| DEMA (21): | 1.3397 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3351 | |
| Elder Ray (13): | 0.0020 | |
| Super Trend (3,10): | 1.3366 | |
| Zig ZAG (10): | 1.3404 | |
| VORTEX (21): | 1.1243 | |
| Stochastique (14,3,5): | 94.71 | |
| TEMA (21): | 1.3400 | |
| Williams %R (14): | -7.79 | |
| Chande Momentum Oscillator (20): | 0.0049 | |
| Repulse (5,40,3): | 0.0983 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0097 | |
| Courbe Coppock: | 0.43 |
| MA7: | 1.3329 | |
| MA20: | 1.3316 | |
| MA50: | 1.3142 | |
| MA100: | 1.2827 | |
| MAexp7: | 1.3396 | |
| MAexp20: | 1.3382 | |
| MAexp50: | 1.3361 | |
| MAexp100: | 1.3337 | |
| Price / MA7: | +0.55% | |
| Price / MA20: | +0.65% | |
| Price / MA50: | +1.98% | |
| Price / MA100: | +4.48% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | +0.49% |
Quotes :
-
Real time data
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Forex
News
The last news published on GBP/USD at the time of the generation of this analysis was as follows:
-
GBP/USD Analysis: British Pound Continues to Fight Resistance
-
GBP/USD Analysis: British Pound Sluggish
-
GBP/USD Analysis: Pound Continues to Grind Back and Forth
-
GBP/USD Analysis: Pound Gives Back Gains on Wednesday
-
GBP/USD Analysis: The Pound Drops on Thursday
This member declared not having a position on this financial instrument or a related financial instrument.
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