GBP/AUD

- AUD (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	GBPAUD
ISIN:

GBP/AUD - 1H - Technical analysis published on 10/28/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 1.9664 AUD

My targets

1.9823 AUD (+0.0117)

1.9897 AUD (+0.0191)

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/AUD as long as the price remains well above 1.9664 AUD. The buyers' bullish objective is set at 1.9823 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.9897 AUD. If there is any crossing, the next objective would be the resistance located at 2.0476 AUD. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

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

Additional analysis

Quotes

The GBP/AUD price is 1.9706 AUD. The price has increased by +0.44% since the last closing and was between 1.9579 AUD and 1.9707 AUD. This implies that the price is at +0.65% from its lowest and at -0.01% from its highest.

1.9579

1.9707

1.9706

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GBP/AUD in 1H shows a strongly overall bullish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.9533	1.9564	1.9664	1.9706	1.9897	2.0476	2.2104
Change (%)	-0.88%	-0.72%	-0.21%	-	+0.97%	+3.91%	+12.17%
Change	-0.0173	-0.0142	-0.0042	-	+0.0191	+0.0770	+0.2398
Level	Intermediate	Intermediate	Intermediate	-	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	1.9456	1.9497	1.9559	1.9600	1.9662	1.9703	1.9765
Camarilla	1.9592	1.9601	1.9611	1.9620	1.9629	1.9639	1.9648
Woodie	1.9466	1.9502	1.9569	1.9605	1.9672	1.9708	1.9775
Fibonacci	1.9497	1.9537	1.9561	1.9600	1.9640	1.9664	1.9703

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.9156	1.9257	1.9439	1.9540	1.9722	1.9823	2.0005
Camarilla	1.9542	1.9568	1.9594	1.9620	1.9646	1.9672	1.9698
Woodie	1.9196	1.9277	1.9479	1.9560	1.9762	1.9843	2.0045
Fibonacci	1.9257	1.9365	1.9432	1.9540	1.9648	1.9715	1.9823

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):	72.44
MACD (12,26,9):	0.0024
Directional Movement:	21.6567
AROON (14):	100.0000
DEMA (21):	1.9679
Parabolic SAR (0,02-0,02-0,2):	1.9647
Elder Ray (13):	0.0032
Super Trend (3,10):	1.9622
Zig ZAG (10):	1.9705
VORTEX (21):	1.1052
Stochastique (14,3,5):	89.07
TEMA (21):	1.9682
Williams %R (14):	-1.25
Chande Momentum Oscillator (20):	0.0043
Repulse (5,40,3):	0.2906
ROCnROLL:	1
TRIX (15,9):	0.0163
Courbe Coppock:	0.42

MA7:	1.9535
MA20:	1.9434
MA50:	1.9471
MA100:	1.9373
MAexp7:	1.9672
MAexp20:	1.9648
MAexp50:	1.9604
MAexp100:	1.9559
Price / MA7:	+0.88%
Price / MA20:	+1.40%
Price / MA50:	+1.21%
Price / MA100:	+1.72%
Price / MAexp7:	+0.17%
Price / MAexp20:	+0.30%
Price / MAexp50:	+0.52%
Price / MAexp100:	+0.75%

Quotes : - Real time data - Forex

News

The last news published on GBP/AUD at the time of the generation of this analysis was as follows:

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

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