GBP/AUD intraday: as long as 1.8339 is support look for 1.8501

Our pivot point stands at 1.8339.

Our preference: as long as 1.8339 is support look for 1.8501.

Alternative scenario: the downside breakout of 1.8339 would call for 1.8284 and 1.8251.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.8397 and 1.8385).

Supports and resistances:

1.8567 **

1.8534 *

1.8501 **

1.8468

1.8400 last

1.8361

1.8339 **

1.8284 *

1.8251 **

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 03-24-2023 at 21:04 UTC+1

Price reference: 1.8400 last known on 03-24-2023 at 21:04 UTC+1

Investment horizon: INTRADAY