| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 45% | 6.25% | |
| Shorts | 52% | 55% | -5.77% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇒ | |
The Sterling found support at the 100-hour SMA early on Tuesday and consequently began appreciating. Bulls managed to push the rate through the weekly PP and the 55-period (4H) and 200-hour SMAs at 1.3130; however, a surge did not follow.
It is likely that the pair finds support at this cluster and thus continue moving higher during the following sessions. The ultimate near-term target is the upper boundary of a three-month channel down and the 200-period SMA near 1.3120.
A one important resistance level to take into account today is 1.3180 where a trend-line and the 100-period SMA are located.
Given that there are no important fundamental releases today, the rate might lack the necessary momentum to break any of the aforementioned support and resistance clusters.