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 03/17/2021 (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
78%
0%
22%
My opinion
Bullish above 1.7983 AUD
My targets
1.8043 AUD (+0.0021)
1.8072 AUD (+0.0050)
My analysis
The bullish trend is currently very strong on GBP/AUD. As long as the price remains above the support at 1.7983 AUD, you could try to benefit from the boom. The first bullish objective is located at 1.8043 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.8072 AUD as an objective. Crossing it would then enable buyers to target 1.8114 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.

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
0
10
8.2

Complete this analysis for another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The GBP/AUD rating is 1.8022 AUD. On the day, this instrument gained +0.42% with the lowest point at 1.7946 AUD and the highest point at 1.8023 AUD. The deviation from the price is +0.42% for the low point and -0.01% for the high point.

1.7946
1.8023
1.8022

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

Technical


Technical analysis of this 1H chart of GBP/AUD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

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

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.7939 1.7983 1.8015 1.8022 1.8043 1.8072 1.8114
Change (%) -0.46% -0.22% -0.04% - +0.12% +0.28% +0.51%
Change -0.0083 -0.0039 -0.0007 - +0.0021 +0.0050 +0.0092
Level Intermediate Intermediate Intermediate - Minor 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
Standard1.78171.78451.78961.79241.79751.80031.8054
Camarilla1.79251.79331.79401.79471.79541.79621.7969
Woodie1.78291.78511.79081.79301.79871.80091.8066
Fibonacci1.78451.78751.78941.79241.79541.79731.8003


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.76511.77791.78591.79871.80671.81951.8275
Camarilla1.78831.79021.79211.79401.79591.79781.7997
Woodie1.76281.77671.78361.79751.80441.81831.8252
Fibonacci1.77791.78581.79071.79871.80661.81151.8195


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.73821.75361.78051.79591.82281.83821.8651
Camarilla1.79591.79981.80361.80751.81141.81531.8191
Woodie1.74411.75651.78641.79881.82871.84111.8710
Fibonacci1.75361.76971.77971.79591.81201.82201.8382

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): 66.96
MACD (12,26,9): 0.0020
Directional Movement: 7.3212
AROON (14): 57.1428
DEMA (21): 1.8008
Parabolic SAR (0,02-0,02-0,2): 1.7973
Elder Ray (13): 0.0020
Super Trend (3,10): 1.7943
Zig ZAG (10): 1.8017
VORTEX (21): 1.1652
Stochastique (14,3,5): 81.33
TEMA (21): 1.8020
Williams %R (14): -12.00
Chande Momentum Oscillator (20): 0.0054
Repulse (5,40,3): 0.1204
ROCnROLL: 1
TRIX (15,9): 0.0146
Courbe Coppock: 0.59
MA7: 1.7975
MA20: 1.7932
MA50: 1.7834
MA100: 1.7917
MAexp7: 1.8005
MAexp20: 1.7984
MAexp50: 1.7963
MAexp100: 1.7962
Price / MA7: +0.26%
Price / MA20: +0.50%
Price / MA50: +1.05%
Price / MA100: +0.59%
Price / MAexp7: +0.09%
Price / MAexp20: +0.21%
Price / MAexp50: +0.33%
Price / MAexp100: +0.33%

Quotes : 2021-03-17 16:36:39 - 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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