Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 28% | 27% | 4.7% |
Shorts | 72% | 73% | -1.9% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Sell |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇑ | ⇗ |
During Wednesday's trading session, the Pound Sterling plunged by 61 pips or 0.43% against the US Dollar. The currency pair breached the 55-, 100– and 200– hour SMAs on Wednesday.
Technical indicators suggest buying signals on the daily time-frame chart. Most likely, the GBP/USD exchange rate could edge higher during Thursday's trading session.
However, if the currency exchange rate breaks the support level at 1.4100, a decline towards the 1.4060 area could be expected today.