| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Sell | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Pound continue to surge against the Australian Dollar. Namely, the pair is in three ascending channel patterns of various scale. In this review the main attention is on the medium and short term channels.
The situation is rather simple. The currency exchange rate recently rebounded against the support of the medium scale pattern and began a surge, which resulted in another channel up pattern.
Most recently the pair consolidated after reaching above the 1.7350 mark and found renewed strength in the support of the weekly R1 at the 1.7286 level.