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Weekly forecast British Pound / Australian Dollar technical chart
Symbol GBPAUD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateApril 17, 2026 - 21:23
Currentrange bound
Forecastcontinuation of downtrend

Midterm forecast:

  • While the price is below the resistance 1.94005, continuation of downtrend is expected.
  • We make sure when the support at 1.86935 breaks.
  • If the resistance at 1.94005 is broken, the short-term forecast -continuation of downtrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 1.94005 on 03/27/2026, so more losses minimum to Major Support (1.86935) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 38.

Supports and Resistances:

  1. 2.24000
  2. 2.16460
  3. 2.13773
  4. 2.10317
  5. 2.07529
  6. 2.04749
  7. 2.01435
  8. 1.99588
  9. 1.96415
  10. 1.94005
  11. 1.91212
  12. 1.86935
  13. 1.84947
  14. 1.82533
  15. 1.80340
  16. 1.77000
  17. 1.72489
Click on the level to view price action history.