| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 53% | -5.3% |
| Shorts | 50% | 47% | 5.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
During previous trading session, the GBP/USD exchange rate tried to decline below the 1.2900 level. During Monday morning, the rate was testing the Fibo 38.20% at 1.2918.
Note that the currency pair is pressured by the 55-hour SMA, currently located at 1.2930. Thus, some downside potential could prevail in the market, and the pair could target the 1.2850 level.
On the other hand, the British Pound could consolidate against the Greenback in the short run. Also, it is unlikely that bulls could prevail, and the rate exceed the weekly PP at 1.2986.