| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 45% | 6.25% | |
| Shorts | 52% | 55% | -5.77% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇒ | |
Mid-Wednesday was spent with high volatility for the GBP/USD exchange rate.
Trading slightly below the 1.42 mark early in the day, the Sterling managed to use its minor upside potential and shoot up to a downward-sloping trend-line at 1.4225. Along the way, a steep short-term channel up was breached to the downside. A fall did not follow, as the pair was restricted by the 55-hour SMA.
Considering that the Pound has failed to edge higher during the previous two sessions, it is unlikely that the post-Brexit-vote high at 1.4313 is tested today. Thus, the base scenario favours either a breakout of the 55-hour moving average and a test of the 1.41 area or a minor period of consolidation which should squeeze the rate between the trend-line and the 55-hour SMA.