GBP/AUD
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 10/15/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 1.8588 AUD
My targets
1.8164 AUD (-0.0280)
1.7684 AUD (-0.0760)
My analysis
GBP/AUD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.8588 AUD. The next support located at 1.8164 AUD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.7684 AUD. Below this support, sellers could then target 1.7375 AUD.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The GBP/AUD price is 1.8444 AUD. On the day, this instrument gained +0.04% and was traded between 1.8416 AUD and 1.8460 AUD over the period. The price is currently at +0.15% from its lowest and -0.09% from its highest.

1.8416
1.8460
1.8444

Here is a more detailed summary of the historical variations registered by GBP/AUD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of GBP/AUD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.7375 1.7684 1.8164 1.8444 1.8462 1.8588 1.8813
Change (%) -5.80% -4.12% -1.52% - +0.10% +0.78% +2.00%
Change -0.1069 -0.0760 -0.0280 - +0.0018 +0.0144 +0.0369
Level Major Major Major - Major Intermediate Minor



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
Standard1.82891.83571.83961.84641.85031.85711.8610
Camarilla1.84071.84161.84261.84361.84461.84561.8465
Woodie1.82761.83501.83831.84571.84901.85641.8597
Fibonacci1.83571.83981.84231.84641.85051.85301.8571


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.83811.84881.85581.86651.87351.88421.8912
Camarilla1.85791.85961.86121.86281.86441.86611.8677
Woodie1.83631.84791.85401.86561.87171.88331.8894
Fibonacci1.84881.85561.85971.86651.87331.87741.8842


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.80301.82821.84571.87091.88841.91361.9311
Camarilla1.85151.85541.85931.86321.86711.87101.8749
Woodie1.79921.82631.84191.86901.88461.91171.9273
Fibonacci1.82821.84451.85461.87091.88721.89731.9136

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): 29.80
MACD (12,26,9): -0.0087
Directional Movement: -15.4781
AROON (14): -100.0000
DEMA (21): 1.8527
Parabolic SAR (0,02-0,02-0,2): 1.8633
Elder Ray (13): -0.0140
Super Trend (3,10): 1.8740
Zig ZAG (10): 1.8443
VORTEX (21): 0.8135
Stochastique (14,3,5): 8.00
TEMA (21): 1.8458
Williams %R (14): -94.87
Chande Momentum Oscillator (20): -0.0264
Repulse (5,40,3): -0.6400
ROCnROLL: 2
TRIX (15,9): -0.0465
Courbe Coppock: 2.95
MA7: 1.8520
MA20: 1.8668
MA50: 1.8774
MA100: 1.8645
MAexp7: 1.8512
MAexp20: 1.8626
MAexp50: 1.8686
MAexp100: 1.8605
Price / MA7: -0.41%
Price / MA20: -1.20%
Price / MA50: -1.76%
Price / MA100: -1.08%
Price / MAexp7: -0.37%
Price / MAexp20: -0.98%
Price / MAexp50: -1.30%
Price / MAexp100: -0.87%

Quotes : - Real time data - Forex

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

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