GBP/AUD
GBP AUD
- AUD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPAUD
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GBP/AUD - 1H - Technical analysis published on 01/30/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 1.9256 AUD
My targets
1.9101 AUD (-0.0128)
1.8955 AUD (-0.0274)
My analysis
GBP/AUD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.9256 AUD. The next support located at 1.9101 AUD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.8955 AUD. Below this support, sellers could then target 1.8650 AUD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.5

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 Danny_gujjar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/AUD rating is 1.9229 AUD. On the day, this instrument gained +0.04% with the lowest point at 1.9198 AUD and the highest point at 1.9236 AUD. The deviation from the price is +0.16% for the low point and -0.04% for the high point.

1.9198
1.9236
1.9229

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/AUD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GBP/AUD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.8955 1.9101 1.9219 1.9229 1.9256 1.9340 1.9419
Change (%) -1.42% -0.67% -0.05% - +0.14% +0.58% +0.99%
Change -0.0274 -0.0128 -0.0010 - +0.0027 +0.0111 +0.0190
Level Intermediate Major Minor - Major 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
Standard1.90661.91401.91801.92541.92941.93681.9408
Camarilla1.91901.92001.92111.92211.92321.92421.9252
Woodie1.90501.91321.91641.92461.92781.93601.9392
Fibonacci1.91401.91831.92101.92541.92971.93241.9368


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.90981.91581.92411.93011.93841.94441.9527
Camarilla1.92841.92971.93101.93231.93361.93491.9362
Woodie1.91091.91641.92521.93071.93951.94501.9538
Fibonacci1.91581.92131.92471.93011.93561.93901.9444


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.77571.81721.84351.88501.91131.95281.9791
Camarilla1.85111.85731.86351.86971.87591.88211.8884
Woodie1.76801.81341.83581.88121.90361.94901.9714
Fibonacci1.81721.84311.85911.88501.91091.92691.9528

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): 44.08
MACD (12,26,9): -0.0014
Directional Movement: -3.6798
AROON (14): -78.5714
DEMA (21): 1.9216
Parabolic SAR (0,02-0,02-0,2): 1.9240
Elder Ray (13): 0
Super Trend (3,10): 1.9270
Zig ZAG (10): 1.9235
VORTEX (21): 0.9171
Stochastique (14,3,5): 50.47
TEMA (21): 1.9215
Williams %R (14): -34.55
Chande Momentum Oscillator (20): 0.0002
Repulse (5,40,3): 0.1006
ROCnROLL: -1
TRIX (15,9): -0.0122
Courbe Coppock: 0.20
MA7: 1.9290
MA20: 1.9153
MA50: 1.9042
MA100: 1.9102
MAexp7: 1.9224
MAexp20: 1.9235
MAexp50: 1.9259
MAexp100: 1.9275
Price / MA7: -0.32%
Price / MA20: +0.40%
Price / MA50: +0.98%
Price / MA100: +0.66%
Price / MAexp7: +0.03%
Price / MAexp20: -0.03%
Price / MAexp50: -0.16%
Price / MAexp100: -0.24%

Quotes : - Real time data - Forex

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

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