GBP british pound sterling

AUD/GBP Weekly Chart shows the AUD steadily rising against GBP...

  1. 2,397 Posts.
    AUD/GBP Weekly Chart shows the AUD steadily rising against GBP for over two years now. The bottom corresponds with the Lehman/GFC scare of late 2008.
    More recently, price seems to have bounced off the supporting channel where it looks as though it will rise again. This is supported by a positive crossing of the stochastic. However intraday falls from current 0.6280 levels are possible without affecting the weekly chart.
    A weekly close below 0.6150 could break the uptrend.

    No advice or trade suggestion given.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.