Could the price bounce from here?GBP/AUD is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which acts as an overlap resistance.
Pivot: 2.0624
1st Support: 2.0413
1st Resistance: 2.1029
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should o
About British Pound / Australian Dollar
The British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
GBPAUD Poised For a Bearish Wave GBPAUD Poised For a Bearish Wave
GBPAUD has confirmed a double top pattern on the 4-hour chart. After breaking through the support zone, the price retraced and tested the level again.
As expected, GBPAUD reacted at this zone, increasing the likelihood of a valid bearish setup.
However, market
WHY GBPAUD IS BULLISH ?? DETAILED ANALYSISGBPAUD is currently breaking out of a textbook falling wedge pattern on the 2H timeframe, a structure widely recognized for its bullish implications. After an aggressive bullish impulse at the start of April, the pair entered a consolidation phase marked by lower highs and lower lows. However, the r
#GBPAUD: After A Strong Drop Price Seems To Rebounding! The British pound (GBPAUD) took a nosedive when the US president announced new tariffs on several countries. This caused gold to rise, and so did the Australian dollar (AUD).
You see, gold and the AUD are like best friends, they always move together. But things are changing now, and we’re not sure
EUR/NZD Short, GBP/USD Long, AUD/USD Short and GBP/AUD ShortEUR/NZD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, re
GBPAUD sellThere are a lot of sell confluences for this pair in all timeframes.
Here are the reasons for my bias:
- First of all, there was a very strong 3 month target that was hit at 2.1050 on 4th April
- Price hit a major monthly and 3M level at 2.1500 and we saw sharp rejections of that rejection.
- The mo
GBPAUD NULLISH OR BEARISH DETAILED ANALYSIS GBPAUD is currently trading around the 2.0850 level, hovering just above a strong confluence support zone as seen on the 12H chart. Price action has formed a bullish symmetrical triangle pattern following a strong impulsive rally earlier this month. This compression near a major demand zone signals
GBPAUD trade ideaFX:GBPAUD
Entered buys on GBPAUD
Reason buy:
1) catch trade towards supply zone above
2) price broke out of supply zone below and retested
3) 1H timeframe created a spinning top on the retested red zone
4) Price created a higher high and came back to retest on 15 min timeframe
5) 15 min created a
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of GBPAUD is 2.07594 AUD — it has increased by 0.46% in the past 24 hours. See more of GBPAUD rate dynamics on the detailed chart.
The value of the GBPAUD pair is quoted as 1 GBP per x AUD. For example, if the pair is trading at 1.50, it means it takes 1.5 AUD to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPAUD has the volatility rating of 0.87%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPAUD showed a 0.54% rise over the past week, the month change is a 1.79% rise, and over the last year it has increased by 8.41%. Track live rate changes on the GBPAUD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPAUD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPAUD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPAUD technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPAUD shows the buy signal, and 1 month rating is strong buy. See more of GBPAUD technicals for a more comprehensive analysis.