| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 29% | -7.5% |
| Shorts | 73% | 71% | 2.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
During Wednesday morning hours, the GBP/USD exchange rate was testing the support provided by the 100-hour SMA near 1.3870.
It is likely that the currency pair could be pushed down by the 55-hour SMA and the weekly R1 in the 1.3910/1.3923 range. The pair could decline to the support area formed by the 200-hour SMA and the weekly PP in 1.3802/1.3820.
In the meantime, if the 100-hour SMA holds, the exchange rate could trade upwards in the short term. In this case the rate could target the weekly R2 located at 1.3988.