GBP/AUD intraday: as long as 1.8289 is support look for 1.8439

Our pivot point stands at 1.8289.

Our preference: as long as 1.8289 is support look for 1.8439.

Alternative scenario: below 1.8289, expect 1.8234 and 1.8201.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.8336) but above its 50 period moving average (1.8314).

Supports and resistances:

1.8505 **

1.8472 *

1.8439 **

1.8406

1.8336 last

1.8311

1.8289 **

1.8234 *

1.8201 **

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 03-22-2023 at 18:40 UTC+1

Price reference: 1.8336 last known on 03-22-2023 at 18:40 UTC+1

Investment horizon: INTRADAY