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GBP/AUD
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 10/06/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.8115 AUD
My targets
1.8179 AUD (+0.0038)
1.8284 AUD (+0.0143)
My analysis
GBP/AUD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.8115 AUD. The next resistance located at 1.8179 AUD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.8284 AUD. After this resistance, buyers could then target 1.8368 AUD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.9

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/AUD price is 1.8141 AUD. The price has increased by +0.44% since the last closing and was between 1.8032 AUD and 1.8151 AUD. This implies that the price is at +0.60% from its lowest and at -0.06% from its highest.

1.8032
1.8151
1.8141

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/AUD chart shows a strongly 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.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.8026 1.8082 1.8115 1.8141 1.8179 1.8284 1.8368
Change (%) -0.63% -0.33% -0.14% - +0.21% +0.79% +1.25%
Change -0.0115 -0.0059 -0.0026 - +0.0038 +0.0143 +0.0227
Level Intermediate Minor Intermediate - Intermediate Intermediate 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
Standard1.79011.79451.80041.80481.81071.81511.8210
Camarilla1.80341.80431.80531.80621.80711.80811.8090
Woodie1.79081.79491.80111.80521.81141.81551.8217
Fibonacci1.79451.79851.80091.80481.80881.81121.8151


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.74091.76291.78451.80651.82811.85011.8717
Camarilla1.79421.79821.80221.80621.81021.81421.8182
Woodie1.74081.76281.78441.80641.82801.85001.8716
Fibonacci1.76291.77951.78981.80651.82311.83341.8501


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.67911.71421.75851.79361.83791.87301.9173
Camarilla1.78091.78811.79541.80271.81001.81731.8245
Woodie1.68361.71651.76301.79591.84241.87531.9218
Fibonacci1.71421.74461.76331.79361.82401.84271.8730

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 75.70
MACD (12,26,9): 0.0015
Directional Movement: 15.4314
AROON (14): 21.4286
DEMA (21): 1.8089
Parabolic SAR (0,02-0,02-0,2): 1.8034
Elder Ray (13): 0.0047
Super Trend (3,10): 1.8036
Zig ZAG (10): 1.8144
VORTEX (21): 1.1467
Stochastique (14,3,5): 77.21
TEMA (21): 1.8096
Williams %R (14): -8.40
Chande Momentum Oscillator (20): 0.0064
Repulse (5,40,3): 0.4298
ROCnROLL: 1
TRIX (15,9): 0.0082
Courbe Coppock: 0.30
MA7: 1.8056
MA20: 1.7885
MA50: 1.8085
MA100: 1.8123
MAexp7: 1.8092
MAexp20: 1.8070
MAexp50: 1.8050
MAexp100: 1.8039
Price / MA7: +0.47%
Price / MA20: +1.43%
Price / MA50: +0.31%
Price / MA100: +0.10%
Price / MAexp7: +0.28%
Price / MAexp20: +0.40%
Price / MAexp50: +0.51%
Price / MAexp100: +0.57%

Quotes : 2020-10-06 06:58:39 - Real time data - Forex

News


The latest news and videos published on GBP/AUD at the time of the analysis were as follows:

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

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Londinia
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