| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 52% | 3.70% | |
| Shorts | 46% | 48% | -4.35% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇗ | |
In first half of the previous trading session the currency pair struggled to bypass a combination of the weekly and monthly PP as well as the 55-, 100- and 200-hour SMAs, as expected.
Nevertheless, the overall depreciation of the Dollar allowed the cable to surge to the 1.3420 mark and only then make a rebound. As the above yesterday's resistance has turned to support, the rate most probably will resume the surge, trying to properly reach an alleged upper trend-line of a senior falling wedge formation.
However, the upcoming vote on tax reform is likely to alter this scenario and push the Dollar back to 1.3340. In support of this assumption, a majority of pending orders in 100-pip range are set to sell.