GBP/AUD intraday: the upside prevails as long as 1.9231 is support
Our pivot point stands at 1.9231.
Our preference: the upside prevails as long as 1.9231 is support.
Alternative scenario: below 1.9231, expect 1.9180 and 1.9149.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.9261 and 1.9244).
Supports and resistances:
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