GBP/AUD

- AUD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	GBPAUD
ISIN:

GBP/AUD - 1H - Technical analysis published on 10/25/2024 (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

56%

44%

My opinion

Bullish above 1.9533 AUD

My targets

1.9664 AUD (+0.0097)

1.9897 AUD (+0.0330)

My analysis

The bullish trend is currently very strong on GBP/AUD. As long as the price remains above the support at 1.9533 AUD, you could try to benefit from the boom. The first bullish objective is located at 1.9664 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.9897 AUD as an objective. Crossing it would then enable buyers to target 2.0476 AUD. 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.

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

7.9

Comment on the analysis

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 GCrow. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBP/AUD price is 1.9567 AUD. The price has increased by +0.08% since the last closing and was between 1.9539 AUD and 1.9585 AUD. This implies that the price is at +0.14% from its lowest and at -0.09% from its highest.

1.9539

1.9585

1.9567

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:

Near a new LOW record (1 year)

Type : Bearish

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 bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 10 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.9473	1.9533	1.9564	1.9567	1.9586	1.9664	1.9897
Change (%)	-0.48%	-0.17%	-0.02%	-	+0.10%	+0.50%	+1.69%
Change	-0.0094	-0.0034	-0.0003	-	+0.0019	+0.0097	+0.0330
Level	Minor	Major	Minor	-	Intermediate	Intermediate	Intermediate

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	1.9344	1.9390	1.9471	1.9517	1.9598	1.9644	1.9725
Camarilla	1.9516	1.9528	1.9539	1.9551	1.9563	1.9574	1.9586
Woodie	1.9361	1.9399	1.9488	1.9526	1.9615	1.9653	1.9742
Fibonacci	1.9390	1.9439	1.9469	1.9517	1.9566	1.9596	1.9644

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.9117	1.9236	1.9349	1.9468	1.9581	1.9700	1.9813
Camarilla	1.9399	1.9421	1.9442	1.9463	1.9484	1.9506	1.9527
Woodie	1.9115	1.9235	1.9347	1.9467	1.9579	1.9699	1.9811
Fibonacci	1.9236	1.9324	1.9379	1.9468	1.9556	1.9611	1.9700

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8775	1.9032	1.9188	1.9445	1.9601	1.9858	2.0014
Camarilla	1.9231	1.9269	1.9307	1.9345	1.9383	1.9421	1.9459
Woodie	1.8726	1.9007	1.9139	1.9420	1.9552	1.9833	1.9965
Fibonacci	1.9032	1.9189	1.9287	1.9445	1.9602	1.9700	1.9858

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):	64.99
MACD (12,26,9):	0.0020
Directional Movement:	7.5092
AROON (14):	50.0000
DEMA (21):	1.9573
Parabolic SAR (0,02-0,02-0,2):	1.9532
Elder Ray (13):	0.0010
Super Trend (3,10):	1.9516
Zig ZAG (10):	1.9575
VORTEX (21):	1.1756
Stochastique (14,3,5):	77.62
TEMA (21):	1.9579
Williams %R (14):	-20.00
Chande Momentum Oscillator (20):	0.0032
Repulse (5,40,3):	0.0400
ROCnROLL:	1
TRIX (15,9):	0.0148
Courbe Coppock:	0.33

MA7:	1.9488
MA20:	1.9414
MA50:	1.9462
MA100:	1.9368
MAexp7:	1.9565
MAexp20:	1.9546
MAexp50:	1.9515
MAexp100:	1.9491
Price / MA7:	+0.41%
Price / MA20:	+0.79%
Price / MA50:	+0.54%
Price / MA100:	+1.03%
Price / MAexp7:	+0.01%
Price / MAexp20:	+0.10%
Price / MAexp50:	+0.26%
Price / MAexp100:	+0.38%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on GBP/AUD. At the time of publication of this analysis, the latest news was as follows:

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

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