| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 36% | 32% | 9.7% |
| Shorts | 64% | 68% | -5.4% |
| 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 | ⇘ | ⇒ | ⇘ |
Yesterday, the GBP/USD exchange rate exceeded the 1.3380 level. During Tuesday morning, the rate raised to the weekly R1 at 1.3456.
If the given level holds, it is likely that a reversal south could occur, and the exchange rate could target the support formed by the weekly and monthly PPs, as well the 100-hour SMA in the 1.3250 area.
Meanwhile, note that the rate could gain support from the 55-hour moving average near 1.3340. Thus, it is likely that the pair could trade sideways within the following trading session.