| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
[ANNOUNCE]The British Pound has declined by 1.73% against the Australian Dollar since April 1. The currency pair tested the lower boundary of an ascending channel pattern during last week's trading sessions.
[/ANNOUNCE]
All things being equal, the exchange rate could continue to edge lower during the following trading sessions. The potential target for the GBP/AUD pair will be near the 1.7800 level.
However, the bottom border of the ascending channel pattern could provide support for the currency exchange rate within this week's trading sessions.