| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 57% | 59% | -2.3% |
| Shorts | 43% | 41% | 3.1% |
| 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 | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
Yesterday, the GBP/USD exchange rate tested the resistance formed by the 55– and 200-hour SMAs near 1.2240. During Friday morning, the rate declined to the 1.2180.
Note that the currency pair is pressured by the 100-hour SMA near 1.2230 as well. Thus, some downside potential could prevail in the market, and the pair could target the 1.2080/1.2120 area.
On the other hand, the British Pound could consolidate against the US Dollar in the short term, as the rate could continue to test the given resistance.