| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Buy | Sell |
| Alligator (13; 8; 5) | Sell | Buy | Neutral |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
The British Pound has been trading in a junior ascending channel pattern against the Australian Dollar since the beginning of December. The currency pair pierced the upper boundary of the junior ascending channel at 1.8266 on January 3.
The exchange rate is currently stranded between the 50-hour simple moving average at 1.8010 and the combination of the 100-hour SMA and a traditional monthly pivot point at 1.7836.
Most likely, the currency exchange rate could aim for the bottom border of the channel pattern at 1.7496 during the following trading sessions.
However, a support cluster formed by the 100-hour moving average and the monthly PP at 1.7836 could hinder such movement.