Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 44% | 47% | -6.1% |
Shorts | 56% | 53% | 4.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇗ | ⇒ |
Yesterday, the GBP/USD exchange rate reached the 1.3180 mark. During Tuesday morning, the rate was testing the upper boundary of the medium-term descending channel.
From a theoretical point of view, it is likely that a reversal south could occur in the nearest future. In this case the currency pair would have to surpass the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3096/1.3155 area.
On the other hand, the exchange rate could continue to test the upper channel line. It is unlikely that a breakout north could occur due to the resistance formed by the Fibo 50.00% at 1.3196.