Londinia Opportunities Analyses - 05/26/2023 (GMT) GBP/AUD - 1H

- AUD (-)

- Real time data - Forex

Type:	Forex
Ticker:	GBPAUD
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

FX/Indices
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 1.8935 AUD

My targets

1.8978 AUD (+0.0023)

1.9100 AUD (+0.0145)

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 1.8935 AUD. The next resistance located at 1.8978 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 1.9100 AUD. After this resistance, buyers could then target 1.9454 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.

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

8.2

Analysis too old. There are no more charts available.

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 price is 1.8955 AUD. The price has increased by +0.01% since the last closing with the lowest point at 1.8916 AUD and the highest point at 1.8970 AUD. The deviation from the price is +0.21% for the low point and -0.08% for the high point.

1.8916

1.8970

1.8955

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:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of GBP/AUD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.8775	1.8884	1.8935	1.8955	1.8978	1.9100	1.9454
Change (%)	-0.95%	-0.37%	-0.11%	-	+0.12%	+0.76%	+2.63%
Change	-0.0180	-0.0071	-0.0020	-	+0.0023	+0.0145	+0.0499
Level	Intermediate	Minor	Minor	-	Intermediate	Major	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
Standard	1.8806	1.8846	1.8899	1.8939	1.8992	1.9032	1.9085
Camarilla	1.8927	1.8936	1.8945	1.8953	1.8962	1.8970	1.8979
Woodie	1.8814	1.8849	1.8907	1.8942	1.9000	1.9035	1.9093
Fibonacci	1.8846	1.8881	1.8903	1.8939	1.8974	1.8996	1.9032

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8451	1.8546	1.8632	1.8727	1.8813	1.8908	1.8994
Camarilla	1.8668	1.8685	1.8701	1.8718	1.8735	1.8751	1.8768
Woodie	1.8447	1.8544	1.8628	1.8725	1.8809	1.8906	1.8990
Fibonacci	1.8546	1.8615	1.8658	1.8727	1.8796	1.8839	1.8908

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7704	1.7977	1.8491	1.8764	1.9278	1.9551	2.0065
Camarilla	1.8790	1.8862	1.8934	1.9006	1.9078	1.9150	1.9222
Woodie	1.7826	1.8037	1.8613	1.8824	1.9400	1.9611	2.0187
Fibonacci	1.7977	1.8277	1.8463	1.8764	1.9064	1.9250	1.9551

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):	56.97
MACD (12,26,9):	0.0007
Directional Movement:	-0.6680
AROON (14):	57.1428
DEMA (21):	1.8954
Parabolic SAR (0,02-0,02-0,2):	1.8923
Elder Ray (13):	0.0005
Super Trend (3,10):	1.8890
Zig ZAG (10):	1.8956
VORTEX (21):	1.0277
Stochastique (14,3,5):	69.18
TEMA (21):	1.8949
Williams %R (14):	-26.42
Chande Momentum Oscillator (20):	0.0019
Repulse (5,40,3):	0.0687
ROCnROLL:	1
TRIX (15,9):	0.0045
Courbe Coppock:	0.10

MA7:	1.8819
MA20:	1.8760
MA50:	1.8624
MA100:	1.8149
MAexp7:	1.8950
MAexp20:	1.8944
MAexp50:	1.8919
MAexp100:	1.8873
Price / MA7:	+0.72%
Price / MA20:	+1.04%
Price / MA50:	+1.78%
Price / MA100:	+4.44%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.06%
Price / MAexp50:	+0.19%
Price / MAexp100:	+0.43%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on GBP/AUD. At the time of publication of this analysis, the latest news was as follows: