| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 58% | 58% | 0.2% |
| Shorts | 42% | 42% | -0.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇗ |
Yesterday, the GBP/USD exchange rate traded sideways near the monthly S2 at 1.2835.
It is likely that the currency pair could gain support from the 100– and 200-hour moving averages in the 1.2800 area. Thus, the pair could re-test the upper boundary of the medium-term descending channel circa 1.2950.
In the meantime, the exchange rate could face the resistance provided by the 55-hour moving average near 1.2850. Thus, the rate could trade downwards in the short term.