GBP/USD might decline - Technical Analysis - Dukascopy Bank
Tue, 08 Dec 2020 10:38:12 GMT
Source: Dukascopy Bank SA
Positions
Today
Yesterday
Change
Longs
31%
32%
-2.3%
Shorts
69%
68%
1.0%
Indicator
4H
1D
1W
MACD(12;26;9)
Sell
Buy
Buy
RSI(14)
Neutral
Neutral
Neutral
Stochastic(5;3;3)
Neutral
Neutral
Sell
Alligator(13;8;5)
Sell
Buy
Buy
SAR(0.02;0.2)
Sell
Sell
Buy
Aggregate
⇘
⇒
⇗
Yesterday, the GBP/USD exchange rate dropped to the 1.3250 level and reversed north.
It is likely that some downside potential could prevail in the market as the currency pair is pressured by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3380/1.3425 range.
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