Positions | Today | Yesterday | % Change | |
Longs | 51% | 48% | 5.88% | |
Shorts | 49% | 52% | -6.12% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Sell | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
Alligator (13; 8; 5) | Sell | Neutral | Sell | |
SAR (0.02; 0.2) | Buy | Sell | Buy | |
Aggregate | ⇒ | ⇒ | ⇒ |
The British pound appreciated 0.24% against the US Dollar since Friday's session. During the previous session, the rate broke the monthly PP at 1.3038 and was resisted by the 55-hour SMA at 1.3060 to stop the trade at the 1.3054 mark. On Monday morning, the rate broke the resistance of the 55-hour SMA to trade at the 1.3079 mark.
n regards to the near-term future, most likely, the British pound will trade between the weekly pivot point at 1.3405 and the monthly pivot point at 1.3038 due to a lack of any fundamental news during the trading session.
In addition, the 55-hour simple moving average will try to support the rate at 1.3050 level on Monday.