| 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 | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The Pound Sterling has surged by 2.32% against the Australian Dollar since January 21. The GBP/AUD currency pair tested the 1.8000 level during last week's trading sessions.
Technical indicators suggest buying signals on the 4H and daily time-frame charts. Most likely, the exchange rate could continue to trend bullish during the following trading sessions.
However, the weekly resistance line at 1.8026 could provide resistance for the currency exchange rate in the shorter term.