| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 51% | 0.00% | |
| Shorts | 49% | 49% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
In result of the previous trading session the currency rate has broken through support line of a one-month long ascending channel, thus ending the consolidation phase.
Even though the pair has already crossed the 200-hour SMA and there are signs of a forming descending channel, a bunch of technical indicators suggest that an area around the psychological 1.3500 mark represents strong support level, which is likely to lead to a rebound.
In that case, the cable might jump back to 1.3550. However, without additional impulse, for instance, from some fundamental event the further surge is unlikely because of combination of the 55- and 100-hour SMAs.
Nevertheless, from daily perspective it seems that deprecation of the Pound will continue at least until the rate will reach the 50% Fibonacci retracement level at 1.3485.