| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 56% | -23.9% |
| Shorts | 55% | 44% | 19.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
Since the second half of yesterday's trading session, the British Pound has declined by 58 pips or 0.42% against the US Dollar. The currency pair tested the lower line of a descending channel pattern at 1.3714 on Thursday morning.
Given that the GBP/USD exchange rate is currently trading near the lower boundary of the channel pattern, a breakout could occur within the following trading session.
However, if the descending channel holds, bullish traders might drive the price of the currency exchange rate higher today.