| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The British Pound has been appreciating against the Australian Dollar since the middle of January. The exchange rate has gained about 4.96% of its values since January 15.
However, after hitting the upper boundary of an ascending channel pattern at 1.8522, the currency pair made a U-turn south.
It is likely that the GBP/AUD currency exchange rate edges lower towards a support level at 1.8029 during the following sessions.
Although a support cluster formed by the weekly pivot point and the 50-hour simple moving average near the 1.8186 area could protect the price from falling.