GBP/AUD – Currency exchange rate forecast 07.08.2019: the downside prevails as long as 1.8017 is resistance

GBP/AUD - Currency exchange rate forecast 07.08.2019: the downside prevails as long as 1.8017 is resistance

Our preference: the downside prevails as long as 1.8017 is resistance.

1.8017 is our pivot point.

Our preference: the downside prevails as long as 1.8017 is resistance.

Alternative scenario: above 1.8017, look for 1.8097 and 1.8145.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.7999 and 1.8032).

Supports and resistances:

1.8145 **

1.8097 *

1.8017 **

1.7985

1.7952 last

1.7847

1.7800 **

1.7752 *

1.7704 **

GBP/AUD – Currency exchange rate forecast 03.07.2019: rebound towards 1.8025

GBP/AUD - Currency exchange rate forecast 03.07.2019: rebound towards 1.8025

Our preference: rebound towards 1.8025.

Our pivot point is at 1.7816.

Our preference: rebound towards 1.8025.

Alternative scenario: below 1.7816, expect 1.7737 and 1.7689.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.7891 and 1.7956).

Supports and resistances:

1.8120 **

1.8072 *

1.8025 **

1.7977

1.7880 last

1.7848

1.7816 **

1.7737 *

1.7689 **

GBP/AUD – Currency exchange rate forecast 01.07.2019: the upside prevails as long as 1.8092 is support

GBP/AUD - Currency exchange rate forecast 01.07.2019: the upside prevails as long as 1.8092 is support

Alternative scenario: the downside breakout of 1.8092 would call for 1.8011 and 1.7963.

Our pivot point stands at 1.8092.

Our preference: the upside prevails as long as 1.8092 is support.

Alternative scenario: the downside breakout of 1.8092 would call for 1.8011 and 1.7963.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.8126 and 1.8108).

Supports and resistances:

1.8405 **

1.8357 *

1.8309 **

1.8261

1.8158 last

1.8124

1.8092 **

1.8011 *

1.7963 **

GBP/AUD – Currency exchange rate forecast 19.06.2019: as long as 1.8324 is support look for 1.8539

GBP/AUD - Currency exchange rate forecast 19.06.2019: as long as 1.8324 is support look for 1.8539

The MACD is below its signal line and positive.

Our pivot point is at 1.8324.

Our preference: as long as 1.8324 is support look for 1.8539.

Alternative scenario: below 1.8324, expect 1.8241 and 1.8193.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.8362 and 1.8306).

Supports and resistances:

1.8636 **

1.8587 *

1.8539 **

1.8490

1.8388 last

1.8356

1.8324 **

1.8241 *

1.8193 **

GBP/AUD – Currency exchange rate forecast 17.06.2019: the downside prevails as long as 1.8367 is resistance

GBP/AUD - Currency exchange rate forecast 17.06.2019: the downside prevails as long as 1.8367 is resistance

The MACD is below its signal line and negative.

1.8367 is our pivot point.

Our preference: the downside prevails as long as 1.8367 is resistance.

Alternative scenario: the upside breakout of 1.8367, would call for 1.8449 and 1.8497.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.8322 and 1.8316).

Supports and resistances:

1.8497 **

1.8449 *

1.8367 **

1.8335

1.8299 last

1.8201

1.8152 **

1.8104 *

1.8055 **

GBP/AUD – Currency exchange rate forecast 11.06.2019: as long as 1.8207 is support look for 1.8425

GBP/AUD - Currency exchange rate forecast 11.06.2019: as long as 1.8207 is support look for 1.8425

Our preference: as long as 1.8207 is support look for 1.8425.

Our pivot point stands at 1.8207.

Our preference: as long as 1.8207 is support look for 1.8425.

Alternative scenario: below 1.8207, expect 1.8125 and 1.8077.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.8277 and 1.8252).

Supports and resistances:

1.8522 **

1.8473 *

1.8425 **

1.8376

1.8278 last

1.8239

1.8207 **

1.8125 *

1.8077 **

GBP/AUD – Currency exchange rate forecast 06.06.2019: the downside prevails as long as 1.8256 is resistance

GBP/AUD - Currency exchange rate forecast 06.06.2019: the downside prevails as long as 1.8256 is resistance

The MACD is negative and below its signal line.

Our pivot point stands at 1.8256.

Our preference: the downside prevails as long as 1.8256 is resistance.

Alternative scenario: the upside breakout of 1.8256, would call for 1.8337 and 1.8385.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.8195 and 1.8199).

Supports and resistances:

1.8385 **

1.8337 *

1.8256 **

1.8224

1.8186 last

1.8088

1.8040 **

1.7992 *

1.7943 **

GBP/AUD – Currency exchange rate forecast 05.06.2019: the upside prevails as long as 1.8099 is support

GBP/AUD - Currency exchange rate forecast 05.06.2019: the upside prevails as long as 1.8099 is support

Alternative scenario: the downside breakout of 1.8099 would call for 1.8018 and 1.7970.

1.8099 is our pivot point.

Our preference: the upside prevails as long as 1.8099 is support.

Alternative scenario: below 1.8099, expect 1.8018 and 1.7970.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.8160 and 1.8157).

Supports and resistances:

1.8412 **

1.8364 *

1.8316 **

1.8268

1.8166 last

1.8131

1.8099 **

1.8018 *

1.7970 **

GBP/AUD – Currency exchange rate forecast 01.06.2019: rebound

GBP/AUD - Currency exchange rate forecast 01.06.2019: rebound

Alternative scenario: the downside breakout of 1.8150 would call for 1.8069 and 1.8020.

Our pivot point stands at 1.8150.

Our preference: rebound.

Alternative scenario: below 1.8150, expect 1.8069 and 1.8020.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the pair is trading above its 20 MA (1.8205) but under its 50 MA (1.8226).

Supports and resistances:

1.8468 **

1.8420 *

1.8371 **

1.8323

1.8220 last

1.8182

1.8150 **

1.8069 *

1.8020 **

GBP/AUD – Currency exchange rate forecast 14.05.2019: the downside prevails as long as 1.8655 is resistance

GBP/AUD - Currency exchange rate forecast 14.05.2019: the downside prevails as long as 1.8655 is resistance

Alternative scenario: the upside breakout of 1.8655 would call for 1.8738 and 1.8788.

Our pivot point is at 1.8655.

Our preference: the downside prevails as long as 1.8655 is resistance.

Alternative scenario: above 1.8655, look for 1.8738 and 1.8788.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.8609 and 1.8630).

Supports and resistances:

1.8788 **

1.8738 *

1.8655 **

1.8623

1.8588 last

1.8489

1.8440 **

1.8390 *

1.8341 **