|

Currency market: GBP/AUD vs AUD/GBP

At the center of day and 24 hour trades are opposite currency pairs. In today's example GBP/AUD Vs AUD/GBP. AUD/GBP is termed a legacy currency because before March 1983 when AUD achieved free float status, AUD/GBP was fixed for 150 years to GBP and London FX markets.

The setup as shown many times covers every financial instrument on the planet as the set up is written in mathematical stone as introduced by central bankers. Anyone can set this up and trade perfectly and profitably day and 24 hour trades.

AUD/GBP

Most Importat 0.5235, 0.5241, 0.5244 0.5248, and 0.5251 Vs 0.5265, 0.5268, 0.5271, 0.5275, 0.5282, 0.5285 and 0.5289.

All perfectly factored levels are covered for today.

Bottom. 0.5235 achieves by 0.5248 and 0.5241.

Upper target 0.5289.

Continuation fail 0.5275.

5 most vital levels for today 0.5235, 0.5244, 0.5251, 0.5275 and 0.5289. This translates to GBP/AUD as 1.9102, 1.9069, 1.9043, 1.8957, 1.8907.

As AUD/GBP rises then GBP/AUD trades lower.

GBP/AUD

Same exact set up.

Most Important 1.8905, 1.8929, 1.8935, 1.8953, 1.8960 Vs 1.9013, 1.9025, 1.9037, 1.9049, 1.9073, 1.9085 and 1.9097.

All perfectly factored levels are covered for today. Any level mentioned not in the price path is wrong. Levels are moor and major. The 5 most vital are major while the remainder are minor.

Bottom. 1.8905 achieves by 1.8929 and 1.8953.

Upper target 1.9097.

Continuation fail 1.9049.

5 most vital levels: 1.8905, 1.8935, 1.8960, 1.9049 and 1.9097.

Translates to AUD/GBP as 0.5289, 0.5281, 0.5274, 0.5249 and 0.5236.

AS GBP/AUD rises then AUD/GBP drops.

Te world of currency trading continues by EUR/USD Vs USD/AUD, GBP/USD Vs USD/GBP, EUR/JPY Vs JPY/EUR.

Never a stop, chart, and god forbid Fibs. Apply Fibonacci then lost is maximum potential to profit.

I suspect Fibonacci was introduced by a named chart person and applied it to charts. That person now profits greatly from your dreams.

Author

Brian Twomey

Brian Twomey

Brian's Investment

Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

More from Brian Twomey
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD flatlines below 1.1800 ahead of Fed Minutes

EUR/USD struggles to find direction and continues to move sideways below 1.1800 for the second consecutive day on Tuesday as markets remain in holiday mood. Later in the American session, the Federal Reserve will publish the minutes of the December policy meeting.

GBP/USD retreats to 1.3500 area following earlier climb

GBP/USD loses its traction and trades flat on the day near 1.3500 after rising to the 1.3530 area early Tuesday. Trading conditions remain thin ahead of the New Year holiday, limiting the pair's volatility. The Fed will publish December meeting minutes in the late American session.

Gold rebounds toward $4,400 following sharp correction

Gold gathers recovery momentum and advances toward $4,400 on Tuesday after losing more than 4% on Monday. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.

Tron steadies as Justin Sun invests $18 million in Tron Inc.

Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).