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GBP/AUD intraday: as long as 1.8885 is support look for 1.9014
2024-01-05
759
Our pivot point is at 1.8885.
Our preference: as long as 1.8885 is support look for 1.9014.
Alternative scenario: the downside breakout of 1.8885 would call for 1.8837 and 1.8808.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.8920 and 1.8907).
Supports and resistances:
1.9071 **
1.9043 *
1.9014 **
1.8985
1.8927 last
1.8904
1.8885 **
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