| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 66% | 64% | 4.2% |
| Shorts | 34% | 36% | -8.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
During Thursday, the GBP/USD exchange rate traded sideways around the psychological level at the 1.2680 mark. During Friday's morning, the rate dropped to the support level—the weekly S1 at 1.2646.
If the given support level does not hold, it is likely, that the currency pair could continue to sharp losses. The nearest possible downside target is the psychological level at 1.2620.
Otherwise, a reversal north could occur within the following trading hours. It is unlikely, that the pair could jump higher than the 1.2700 mark due to the resistance level formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP.