GBP/AUD intraday: the upside prevails as long as 1.8365 is support

Our pivot point stands at 1.8365.

Our preference: the upside prevails as long as 1.8365 is support.

Alternative scenario: below 1.8365, expect 1.8310 and 1.8277.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.8404 and 1.8396).

Supports and resistances:

1.8593 **

1.8560 *

1.8527 **

1.8494

1.8425 last

1.8387

1.8365 **

1.8310 *

1.8277 **

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 03-27-2023 at 10:37 UTC+1

Price reference: 1.8425 last known on 03-27-2023 at 10:37 UTC+1

Investment horizon: INTRADAY