| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇑ | ⇘ |
The British Pound has declined by 1.19% against the Australian Dollar since last week's trading sessions. The currency pair tested the 200– period SMA during the Asian session on Tuesday.
If the support level formed by the 200– period simple moving average at 1.7906 holds, buyers could pressure the exchange rate higher during the following trading sessions.
However, if the currency exchange rate breaks the support line, a decline towards the 1.7700 level could be expected this week.