Positions | Today | Yesterday | % Change | |
Longs | 54% | 56% | -3.70% | |
Shorts | 46% | 44% | 4.35% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Buy | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Buy | Buy | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇒ | ⇒ | ⇒ |
The British pound depreciated 0.49 % against the US Dollar since Monday's session. During Tuesday morning hours, the British pound was located above the weekly PP at the 1.3055 mark.
In regards to the near-term future, most likely, the British pound will move upwards to the 1.3100 level due to support of the 100-hour and the 200-hour SMAs together with the support of the weekly PP at the 1.3055 mark. The rate should pass the 55-hour SMA to surge upwards during the day.
However, the currency pair may trade sideways to stay at the 1.3060 level on Tuesday.