(Last Updated April 8, 2020)
Hello! This is the news page for GBPAUD. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of GBPAUD:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bullish
100 Day Moving Average Direction: bullish
200 Day Moving Average Direction: bullish
How the Current GBPAUD Rate Fares Relative to the Past Year?
The exchange rate for GBPAUD closed yesterday at 1.9993. On a relative basis, that puts the pair closer to its 52 week high (currently at 2.08667) than its 52 week low (now at 1.75611).To dig deeper and get the latest news on GBPAUD, try the links below. You can also visit the MarketWatch or Investing.com pages on GBPAUD for more news as well.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
Compared to its peers in the forex, gbp/aud gave its buyers a return that ranked 20th in terms of percentage change since the day prior.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
This imputes a buy/sell ratio of 2.33, which is bullish.
This imputes a buy/sell ratio of 1.2, which is neutral.
This imputes a buy/sell ratio of 0.71, which is bearish.
Relative to other instruments in the forex asset class, gbp/aud ranked 36th the previous day in terms of percentage price change.
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
This imputes a buy/sell ratio of 0.62, which is bearish.