| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Buy |
| Alligator (13; 8; 5) | Buy | Sell | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The Pound Sterling has been depreciating against the Australian Dollar since the currency pair reversed from a swing high of 1.8777 on October 11.
The exchange rate breached a support cluster formed by the combination of the weekly, the monthly, and the 50-hour simple moving average at 1.7697 during the morning hours of Tuesday's session.
From a theoretical point of view, it is likely that the currency exchange rate continues its downward movement with this session.
If this decline continues, a potential breakout through the lower boundary of a dominant ascending channel is likely to occur during the following trading sessions.