GBP/AUD: Ichimoku indicators analysis

Aug 21, 2026, 8:01:07 PM

Let's look at the four-hour chart. Tenkan-sen and Kijun-sen lines have merged, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (1.8851). The closest resistance level is the lower border of the cloud (1.9101).

On the daily chart Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is ascending. The instrument has entered the cloud. One of the previous minimums of Chikou Span line is expected to be a support level (1.8853). The closest resistance level is Tenkan-sen line (1.9103).

On the both charts the instrument is still falling. It is recommended to open short positions at current price with Take Profit at the level of previous minimum of Chikou Span line (1.8851) and Stop Loss at the level of Kijun-sen line (1.9101).

Scenario

Time frame	Intraday
Recommendations	SELL
Entry Point	1.9015
Take Profit	1.8851
Stop Loss	1.9101
Support levels	1.8851,1.8853,1.9101,1.9103