Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 50% | 46% | 7.7% |
Shorts | 50% | 54% | -7.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇗ |
On Thursday, the British Pound fell by 51 pips or 0.36% against the US Dollar. The currency pair was pressured lower by the 55– hour simple moving average during Thursday's trading session.
Given that the 55-, 100– and 200– hour SMAs are above the price level, bearish traders could continue to drive the exchange rate lower during the following trading session.
However, the GBP/USD currency exchange rate might find support at 1.3733 within this session.