| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The British Pound has surged by 2.19% against the Australian Dollar since last week's trading sessions. The GBP/AUD currency pair tested the 1.8100 level on February 26.
All things being equal, the exchange rate could continue to edge higher in an ascending channel pattern during the following trading sessions. The potential target for buyers will be near the 1.8200 level.
However, the currency exchange rate could make a retracement towards the weekly S1 at 1.7795 within this week's trading sessions.