| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
[ANNOUNCE]The British Pound has surged by 1.45% against the Australian Dollar since last week's trading sessions. The currency pair breached the 50– and 200– period SMAs this week.[/ANNOUNCE]
All things being equal, the exchange rate is likely to continue to edge higher during the following trading sessions. A breakout through the upper line of an ascending channel pattern could occur.
However, bullish traders could encounter a resistance level at the 1.8070 area during this week's trading sessions.