Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 49% | 50% | -2.6% |
Shorts | 51% | 50% | 2.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇒ |
Yesterday, the GBP/USD exchange rate traded sideways in the 1.288/1.2940 range. During Tuesday morning, the rate was testing the 100-hour SMA at 1.2943.
If the given resistance holds, it is likely that a reversal south could occur in the nearest future, and the currency pair could re-test the 1.2880 level.
However, note that the rate could gain support of the 55-hour SMA, as well the Fibo 38.20% at 1.2918. In this case, the pair could reach the weekly PP at 1.2986.