| Positions | Today | Yesterday | % Change | |
| Longs | 66% | 66% | 0.00% | |
| Shorts | 34% | 34% | 0.00% | |
| 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) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇘ | |
As many other US Dollar involving currency pairs, the GBP/USD has bounced off a resistance line. However, if one zooms out the chart, it can be observed that the currency exchange rate has bounced off a medium term resistance line.
Meanwhile, it is set to surge in the borders of a large scale descending channel pattern. The surge should occur, as the rate forms a new junior and medium term ascending pattern. Although, instead of that the rate faces various resistance lines, pivot points and simple moving averages.
Due to these factors combined, the GBP/USD is a rate, whose medium term movements are almost impossible to forecast.