| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The Pound Sterling has been edging higher against the Australian Dollar since the middle of September. The GBP/AUD currency pair has surged by 3.97% since September 11.
Technical indicators flash buying signals on the 4-hour and the daily time-frame charts. Most likely, bullish traders could continue to pressure the exchange rate higher within this week's trading sessions.
However, a resistance cluster formed by the weekly R1 and the monthly R1 at 1.8332 could provide a barrier for bulls in the shorter term.