GBP/AUD Down 6 Pips On Hourly Chart, 2 Day Down Streak Ended; in an Uptrend Over Past 30 Days
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
GBPAUD
November 12, 2021 21:51 GMT
GBPAUD Hourly View
Over the past 91 days, GBPAUD’s price has been in a clear downtrend, falling by about $0.00 per day.
GBPAUD Daily View
Over the past 135 days, the trend for GBPAUD’s price has been choppy and unclear. It has oscillated between $1.8158 and $1.9083.
GBPAUD Weekly View
Over the past 16 months, GBPAUD’s price has gone down $0.
GBPAUD Monthly View
GBPAUD has a price of $1.8299, up 0.5% from its value 12 days prior.
What is GBPAUD Correlated With?
+ Strongest correlations over previous 30 days within its asset class: EURNZD, EURSEK, and GBPNZD
+ Weakest correlation over previous 30 days within its asset class: NZDUSD
GBP/AUD Down 4 Pips in Last Hour, Entered Today Down For the 2nd Straight Day; Eyes 100 Day Average
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
GBP/AUD Down 4 Pips in Last Hour, in a Downtrend Over Past 90 Days; Nears 50 and 200 Day Moving Averages
Price action traders may also wish to note that we see some doji and pin bar candlestick patterns on gbpaud.
GBP/AUD Up 7 Pips in Last Hour, 2 Day Up Streak Snapped; is Inching Close to 50 Day Average
Interestingly, a trend in the other direction exists on the 14 day timeframe, where price is headed up.
GBP/AUD Up 2 Pips On Hourly Chart, Makes Big Move Relative to Two Week Trend; Crosses 20 Day Moving Average
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
GBP/AUD Down 3 Pips On Hourly Chart, Breaks Below 20 Day Average; in a Downtrend Over Past 30 Days
Relative to other instruments in the forex asset class, gbpaud ranked 28th yesterday in terms of percentage price change.
GBP/AUD Down 3 Pips Over Past Hour; Crosses 20 Day Moving Average
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
GBPAUD Up 15 Pips Over Past Hour, Breaks Above 20 Day Average; in a Downtrend Over Past 90 Days
Compared to its peers in the forex, gbpaud gave its buyers a return that ranked 24th in terms of percentage change since the previous day.
GBPAUD Up 9 Pips On Hourly Chart, Moves Up For the 2nd Straight Day; in a Downtrend Over Past 90 Days
Relative to other instruments in the forex asset class, gbpaud ranked 16th yesterday in terms of percentage price change.
GBPAUD Up 9 Pips in Last Hour, Entered Today Up For the 2nd Consecutive Day; in a Downtrend Over Past 30 Days
It’s been a feast for bulls operating on an hourly timeframe, as gbpaud has now gone up 4 of the past 5 hours.