GBP AUD trading analysis

GBP AUD Trading Analysis

For AUD investors the spotlight will no doubt be on the Reserve Bank of Australia’s latest rate decision.

No policy changes are expected this week, but will the bank offer any insight into this future stimulus plans?

GBP AUD Target trading analysis

GBP AUD charts

WEEKLY shows no targets in this time frame, therefore no trade is recommended at this time.

GBPAUD Weekly Mar 24 2021
GBPAUD Weekly Mar 24 2021

DAILY has no new targets in this time zone there no trade is recommended

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GBPAUD Daily Mar 24 2021
GBPAUD Daily Mar 24 2021

GBP AUD in the media

Daily FX Written by James Stanley, Strategist for


Sterling wasn’t bearish everywhere last week as commodity currencies were hit even harder; evidenced by the third consecutive week of gains in GBP/AUD. From the Daily chart, that bullish trend potential continues to show as last week’s higher-high was coupled with this week’s higher-low. The current point of resistance appears to be around the 1.8500 psychological level with support coming in around the 23.6% marker at 1.8226.

The continued tests of resistance combined with a series of higher-lows and a recent higher-high keeps the door open for topside continuation in the pair and, accordingly, the forecast will be set to bullish for the week ahead.


GBP/AUD – review and forecast. Analyst: Bruce Luis Motlatla

GBP AUD analysis and trading ideas

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