| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
[ANNOUNCE]The Pound Sterling has surged by 1.61% against the Australian Dollar since last week's trading sessions. The currency pair tested the 200– period simple moving average at 1.8153 on July 10.[/ANNOUNCE]
All things being equal, the exchange rate could continue to edge higher within this week's sessions. A possible breakout through the upper boundary of a descending channel pattern could occur.
However, the 200– period SMA could still provide resistance for the GBP/AUD currency exchange rate during the following trading sessions.