GBP/AUD

- AUD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	GBPAUD
ISIN:

GBP/AUD - Daily - Technical analysis published on 10/08/2020 (GMT)

Who voted?
141
0

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Slightly bearish

Technical indicators

78%

22%

My opinion

Bullish above 1.7694 AUD

My targets

1.8368 AUD (+0.0248)

1.8762 AUD (+0.0642)

My analysis

The strong short-term increase in GBP/AUD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 1.7694 AUD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 1.8368 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.8762 AUD as an objective. Crossing it would then enable buyers to target 1.9454 AUD. Caution, a return under 1.7694 AUD could jeopardize the reversal.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.2

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

Additional analysis

Quotes

GBP/AUD rating 1.8120 AUD. The price registered an increase of +0.11% on the session and was between 1.8099 AUD and 1.8130 AUD. This implies that the price is at +0.12% from its lowest and at -0.06% from its highest.

1.8099

1.8130

1.8120

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 for higher/lower results shows an item:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of GBP/AUD in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.7297	1.7694	1.8111	1.8120	1.8368	1.8762	1.9454
Change (%)	-4.54%	-2.35%	-0.05%	-	+1.37%	+3.54%	+7.36%
Change	-0.0823	-0.0426	-0.0009	-	+0.0248	+0.0642	+0.1334
Level	Intermediate	Major	Intermediate	-	Intermediate	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
Standard	1.7879	1.7938	1.8019	1.8078	1.8159	1.8218	1.8299
Camarilla	1.8062	1.8074	1.8087	1.8100	1.8113	1.8126	1.8139
Woodie	1.7890	1.7944	1.8030	1.8084	1.8170	1.8224	1.8310
Fibonacci	1.7938	1.7992	1.8025	1.8078	1.8132	1.8165	1.8218

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7409	1.7629	1.7845	1.8065	1.8281	1.8501	1.8717
Camarilla	1.7942	1.7982	1.8022	1.8062	1.8102	1.8142	1.8182
Woodie	1.7408	1.7628	1.7844	1.8064	1.8280	1.8500	1.8716
Fibonacci	1.7629	1.7795	1.7898	1.8065	1.8231	1.8334	1.8501

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6791	1.7142	1.7585	1.7936	1.8379	1.8730	1.9173
Camarilla	1.7809	1.7881	1.7954	1.8027	1.8100	1.8173	1.8245
Woodie	1.6836	1.7165	1.7630	1.7959	1.8424	1.8753	1.9218
Fibonacci	1.7142	1.7446	1.7633	1.7936	1.8240	1.8427	1.8730

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):	56.82
MACD (12,26,9):	0.0026
Directional Movement:	5.9644
AROON (14):	35.7142
DEMA (21):	1.8030
Parabolic SAR (0,02-0,02-0,2):	1.7932
Elder Ray (13):	0.0079
Super Trend (3,10):	1.7688
Zig ZAG (10):	1.8126
VORTEX (21):	1.0827
Stochastique (14,3,5):	74.04
TEMA (21):	1.8091
Williams %R (14):	-25.19
Chande Momentum Oscillator (20):	0.0354
Repulse (5,40,3):	0.4617
ROCnROLL:	1
TRIX (15,9):	-0.0098
Courbe Coppock:	3.74

MA7:	1.8062
MA20:	1.7920
MA50:	1.8083
MA100:	1.8113
MAexp7:	1.8074
MAexp20:	1.8017
MAexp50:	1.8059
MAexp100:	1.8241
Price / MA7:	+0.32%
Price / MA20:	+1.12%
Price / MA50:	+0.20%
Price / MA100:	+0.04%
Price / MAexp7:	+0.25%
Price / MAexp20:	+0.57%
Price / MAexp50:	+0.34%
Price / MAexp100:	-0.66%

Quotes : 2020-10-08 01:50:37 - 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.

About author

Londinia AI

Online

Overall rating :

15111

Number of analyses :

72910

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…