| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Neutral | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The GBP/AUD exchange rate has been moving north since the beginning of the current week when it reserved from the monthly S1 at the 1.7509 mark.
The pair's movement during the current month has revealed the existance of a middle-term rising wedge. From theoretical point of view, this pattern is more likely to be breached to the downside. An important level to look out for is the monthly S2 at 1.7344.
It is the unlikely case that some bullish pressure still prevails in the market, the Pound should not exceed the monthly R1 at the 1.7899 mark.