| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
[ANNOUNCE]The British Pound has declined by 1.66% against the Australian Dollar since August 20. The slide was stopped by the 200– period simple moving average near the 1.8800 level during yesterday's trading session.[/ANNOUNCE]
If the support level formed by the 200– period SMA holds, bullish traders could pressure the GBP/AUD exchange rate towards the 1.9100 area during the following trading session.
However, if the currency exchange rate breaks the support line, a decline towards the weekly support level at 1.8708 could be expected this week.