| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
[ANNOUNCE]The Pound Sterling declined by 1.87% in value against the Australian Dollar during last week's trading sessions. The currency pair tested the lower boundary of an ascending channel pattern at 1.8801 during this period.[/ANNOUNCE]
As for the near future, the GBP/AUD exchange rate could edge higher. Bullish traders might target a psychological resistance level at 1.9200 within this week's trading sessions.
However, a resistance level formed by the 200– period simple moving average at 1.9000 could hinder bulls from pushing the currency exchange rate higher during the following trading sessions.