GBP/USD remains below 1.3060

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs48%47%0.4%
Shorts52%53%-0.4%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuyNeutralBuy
SAR(0.02;0.2)SellBuySell
Aggregate

During previous trading session, the GBP/USD exchange rate failed to surpass the 1.3060 level. During Monday morning, the rate was trading at 1.3040.

It is likely that the currency pair could gain support of the 55-hour SMA near 1.3030 and trade upwards in the nearest future. In this case the pair could exceed the 1.3080 level.

On the other hand, some downside potential could prevail in the market in the nearest future. In this case it is unlikely that the exchange rate could decline below the 200-hour SMA near 1.2970.

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