GBP/AUD Down 100 Pips On 4 Hour Chart, Makes Big Move Relative to Two Week Trend; in an Uptrend Over Past 30 Days
Or to simplify this another way, note that out of the past 30 days gbp/aud’s price has gone up 18 them.
GBPAUD
(Last Updated April 7, 2020)
Welcome to 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: bullish
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 2.002. That means that relative to the past year, the rate of GBPAUD is now closer to its 52 week high (2.08667) than its 52 week low (currently 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.
GBP/AUD Down 27 Pips Over Past 4 Hours, Makes Big Move Relative to Two Week Trend; Breaks Above 20 Day Average
This imputes a buy/sell ratio of 3, which is bullish.
GBP/AUD Up 34 Pips, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone up 18 out of the past 30 days.
GBP/AUD Up 52 Pips, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
The price move occurred on volume — and we’re using the number of tick price changes as a proxy for volume — that was up 3.61% from the day prior, but down 15.47% from the same day the week before.
GBP/AUD Makes Big Move Relative to Two Week Trend, Up 192 Pips; in an Uptrend Over Past 90 Days
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up.
GBP/AUD 2 Day Down Streak Broken; in an Uptrend Over Past 90 Days
The price move occurred on stronger volume, as measured by the number of tick price changes; specifically, yesterday’s volume was up 37.94% from the day prior, and up 57.48% from the same day the week before.
GBP/AUD Up 390 Pips; in an Uptrend Over Past 90 Days
The price move occurred on stronger volume, as measured by the number of tick price changes; specifically, yesterday’s volume was up 37.94% from the day prior, and up 57.48% from the same day the week before.
GBP/AUD Down 77 Pips; in an Uptrend Over Past 30 Days
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time.
GBP/AUD Down 76 Pips; in an Uptrend Over Past 90 Days
This imputes a buy/sell ratio of 0.38, which is bearish.
GBP/AUD Makes Big Move Relative to Past Three Months, Heads Up For the 3rd Day In A Row; Pin Bar Pattern Appearing on Chart
As for the rationale, technical traders seem to be citing the appearance of divergence, double top and wedge technical patterns.