| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 41% | 43% | -4.9% |
| Shorts | 59% | 57% | 3.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
At the end of last week, the GBP/USD exchange rate reversed south from the resistance formed by the Fibo 61.80% and the 200-hour SMA at 1.2646. During Monday morning, the rate tried to exceed 1.2550.
It is likely that the currency pair could remain under pressure of the 55-hour SMA near 1.2585, thus, it could continue to decline. Note that the pair could gain support from the Fibo 50.00% and the weekly S1 at 1.2418.
On the other hand, it is likely that the exchange rate could re-test the given resistance and reverse south in the nearest future.