| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
The British Pound has declined by 1.86% against the Australian Dollar since December 1. The currency pair was pressured lower by the 200– period simple moving average.
As for the near future, the exchange rate could continue to decline in a descending channel pattern. Bearish traders are likely to target the 1.7600 level during the following trading sessions.
However, the weekly support level at 1.7867 could provide support for the GBP/AUD currency exchange rate in the shorter term.