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 11/08/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
6%
83%
11%
My opinion
Bearish under 1.9100 AUD
My targets
1.9019 AUD (-0.0057)
1.8980 AUD (-0.0096)
My analysis
The strong short-term decline in GBP/AUD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 1.9100 AUD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 1.9019 AUD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.8980 AUD as an objective. Crossing it would then enable sellers to target 1.8909 AUD. Be careful, a return to above 1.9100 AUD could jeopardize the reversal.

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
2.9

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.

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

Additional analysis

Quotes

The GBP/AUD price is 1.9076 AUD. The price registered a decrease of -0.20% on the session and was between 1.9064 AUD and 1.9125 AUD. This implies that the price is at +0.06% from its lowest and at -0.26% from its highest.

1.9064
1.9125
1.9076

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/AUD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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 : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

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 1.8980 1.9019 1.9074 1.9076 1.9100 1.9141 1.9186
Change (%) -0.50% -0.30% -0.01% - +0.13% +0.34% +0.58%
Change -0.0096 -0.0057 -0.0002 - +0.0024 +0.0065 +0.0110
Level Minor Intermediate Intermediate - Major Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.87931.88871.90001.90941.92071.93011.9414
Camarilla1.90571.90761.90951.91141.91331.91521.9171
Woodie1.88041.88921.90111.90991.92181.93061.9425
Fibonacci1.88871.89661.90151.90941.91731.92221.9301


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.85501.87251.88571.90321.91641.93391.9471
Camarilla1.89061.89341.89621.89901.90181.90461.9074
Woodie1.85301.87141.88371.90211.91441.93281.9451
Fibonacci1.87251.88421.89141.90321.91491.92211.9339


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.85271.87231.89491.91451.93711.95671.9793
Camarilla1.90581.90971.91351.91741.92131.92511.9290
Woodie1.85411.87311.89631.91531.93851.95751.9807
Fibonacci1.87231.88851.89841.91451.93071.94061.9567

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): 39.21
MACD (12,26,9): -0.0005
Directional Movement: -6.9993
AROON (14): -78.5714
DEMA (21): 1.9104
Parabolic SAR (0,02-0,02-0,2): 1.9124
Elder Ray (13): -0.0024
Super Trend (3,10): 1.9140
Zig ZAG (10): 1.9075
VORTEX (21): 0.8237
Stochastique (14,3,5): 11.50
TEMA (21): 1.9083
Williams %R (14): -86.32
Chande Momentum Oscillator (20): -0.0043
Repulse (5,40,3): -0.0593
ROCnROLL: 2
TRIX (15,9): 0.0044
Courbe Coppock: 0.66
MA7: 1.9044
MA20: 1.9150
MA50: 1.9213
MA100: 1.9268
MAexp7: 1.9088
MAexp20: 1.9104
MAexp50: 1.9087
MAexp100: 1.9070
Price / MA7: +0.17%
Price / MA20: -0.39%
Price / MA50: -0.71%
Price / MA100: -1.00%
Price / MAexp7: -0.06%
Price / MAexp20: -0.15%
Price / MAexp50: -0.06%
Price / MAexp100: +0.03%

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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