| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 25% | 7.0% |
| Shorts | 73% | 75% | -2.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
At the end of last week, the GBP/USD exchange rate tried to surpass the 1.3150 level. During Monday morning, the rate was trading near the given level.
Note that the currency pair is supported by the 55-hour moving average, currently located at 1.3145. Thus, it is likely that some upside potential could prevail. In this case the pair would have to surpass the Fibo 50.00% at 1.3196.
If the given resistance and support levels hold, the British Pound could trade sideways against the US Dollar in the short run. Also, it is unlikely that bears could prevail, and the pair could drop lower than the monthly R1 at 1.3028.