| 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 Sterling has been strengthening in an ascending channel against the Australian Dollar. The pair has remained trading in several ascending channels and as a result, reached a four-month high.
The currency pair has moved closer to the border of a junior pattern and a breakout could be expected through the upper boundary during the following trading sessions.
The closest upside target is the weekly R1 at 1.8251, however, from a theoretical point of view, the exchange rate has to make a corrective move south for a re-test of the monthly PP at 1.7962.