GBPAUD consolidation before growth. Rebound from 2.077After forming resistance at 2.0862, GBPAUD is entering a correction phase for consolidation, with the goal of breaking through resistance and continuing to grow towards ATH.
As part of the correction, the currency pair may test the support zone of 2.077 - 2.075.
The trend is bullish, and there is a
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.
Related currencies
GBPAUD Wave 5 Setup: Breakout Toward Record Highs?Hey Realistic Traders!
Another Bullish Breakout Is Brewing , Could This Be the Next Big Move?
Let’s dive into the technical analysis to see what the chart is really telling us.
Technical Analysis
On the daily chart, GBPAUD has shown consistent support around the EMA200, with several rebounds c
GBPAUD: Another Trap?! 🇬🇧🇦🇺
GBPAUD may finally start retracing after a test of a historic daily resistance.
I see a local intraday bearish reversal and anticipate a down movement
to 2.0914
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for usin
GBPAUDHello Traders! 👋
What are your thoughts on GBPAUD?
The GBP/AUD pair has reached a significant resistance zone.
We anticipate some consolidation or choppy movement in this area, followed by a potential bearish reversal toward lower support levels.
As long as price remains below the resistance, the b
GBPAUD I Technical Analysis and Opportunity for This WeekWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this on your watch list and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on
GBPAUD: Consolidation is Over?!The 📈GBPAUD pair appears to have completed a consolidation phase within a broad horizontal parallel channel on a 4H chart.
The recent formation of a higher high suggests potential upward movement.
Confirmation of this trend requires the market to close above the identified resistance level, establ
GBPAUD Buy Opportunity!Trend Direction
Price is currently bullish overall (uptrend).
We can see higher highs (HH) and higher lows (HL) forming until the recent consolidation.
Market Structure
After creating a strong impulsive move up to the marked Supply H1 zone (2.0850–2.0870 area), price got rejected and entered sid
GBPAUD – Bearish Momentum in PlayFollowing the liquidity sweep observed on August 20th, I’m looking for a potential sell on GBPAUD. The bearish setup aligns with a successfully confirmed daily Harmonic Butterfly pattern, adding confluence to the short bias.
Key Levels:
Entry: 2.09 /2.10
Take Profit 1: 2.0700 – 2.0680
Take Profi
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.
Frequently Asked Questions
The current rate of GBPAUD is 2.08352 AUD — it has decreased by −0.26% 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 0.42%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPAUD showed a −0.05% fall over the past week, the month change is a 1.27% rise, and over the last year it has increased by 6.72%. 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 buy 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 buy. See more of GBPAUD technicals for a more comprehensive analysis.