GBP/AUD intraday: as long as 1.8277 is support look for 1.8427

1.8277 is our pivot point.

Our preference: as long as 1.8277 is support look for 1.8427.

Alternative scenario: the downside breakout of 1.8277 would call for 1.8222 and 1.8190.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.8332) but above its 50 period moving average (1.8311).

Supports and resistances:

1.8493 **

1.8460 *

1.8427 **

1.8394

1.8326 last

1.8299

1.8277 **

1.8222 *

1.8190 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 03-21-2023 at 19:59 UTC+1

Price reference: 1.8326 last known on 03-21-2023 at 19:59 UTC+1

Investment horizon: INTRADAY