| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 33% | -8.2% |
| Shorts | 69% | 67% | 3.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
Yesterday, the GBP/USD exchange rate raised to the upper boundary of the short-term descending channel circa 1.3200. During Thursday morning, the rate was testing the given line.
From a theoretical point of view, it is likely that some downside potential could prevail in the market. In this case the currency pair could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3135/1.3160 area.
If the given channel does not hold, it is likely that the exchange rate could re-test the 2020 high located at the 1.3258 mark.