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GBP/AUD intraday: rebound towards 1.9388
2024-01-24
1114
1.9242 is our pivot point.
Our preference: rebound towards 1.9388.
Alternative scenario: the downside breakout of 1.9242 would call for 1.9187 and 1.9154.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.9289 and 1.9303).
Supports and resistances:
1.9453 **
1.9420 *
1.9388 **
1.9355
1.9287 last
1.9263
1.9242 **
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