GBP/USD will surge to 1.3250

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 51% 50% 1.96%
Shorts 49% 50% -2.04%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Buy Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Sell Neutral
Alligator (13; 8; 5) Buy Buy Sell
SAR (0.02; 0.2) Buy Buy Buy
Aggregate

The British pound appreciated 0.23. % against the US Dollar since Tuesday's session. On Wednesday morning, the currency exchange pair was located at the 1.3157 mark at the medium-term pattern waiting for break-out.  

The rate broke the resistance of 50.00% Fibo, the weekly R1 at the 1.3178 mark and the monthly R1 at the 1.3185 mark due to fundamentals on Wednesday at 8:30 GMT. Most likely, the rate will move upwards to the upper boundary of the trend-line. 

Moreover, the monthly R1 at the 1.3185 should give an additional support to the rate to surge upwards near the 1.3250 level.

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