GBP/USD could reach 1.3300

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs36%35%2.7%
Shorts64%65%-1.5%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate

During Monday's trading session, the currency exchange rate passed through most of the technical indicators to end the trading session at 1.3200. On Tuesday morning, the 55-hour simple moving average supported the rate to trade at the 1.3269 mark. 

In regards to the near-term future, most likely, the 55-hour and the 100-hour simple moving average will support the British Pound during the day to push it to the 1.3300 level. 

On the other hand, today's UK Average Earnings Index release at 9:25 GMT might push the rate to pass through the support levels towards the weekly PP at the 1.3214 mark.

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