| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The British Pound has appreciated about 2.37% in value against the Australian Dollar since July 30. The currency pair tested the 200-hour simple moving average at 1.7944 during yesterday's trading session.
Most likely, the exchange rate will continue its upside movement within this week's trading sessions. The GBP/AUD pair could aim for the psychological resistance level at 1.8200.
However, the currency exchange rate could make a brief pullback towards a support cluster formed by the 50– and 100-hour SMAs and the weekly PP at 1.7799 in the coming days.