| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 49% | -8.89% | |
| Shorts | 55% | 51% | 7.27% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇘ | |
During Wednesday's morning hours, the currency exchange rate met the upper boundary of the descending pattern line to trade at the 1.2981 mark.
In regards to the near-term future, most likely, the British Pound will depreciate against the US Dollar towards the monthly R1 at 1.2911.
However, the British Pound could be supported by the 55-hour and the 100-hour simple moving averages at 1.2920 to push the rate to end the trading day at the 1.2940 level.