GBP/USD might appreciate to 1.3250

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs39%39%0.4%
Shorts61%61%-0.3%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuySellBuy
Aggregate

During Tuesday's trading session, the British Pound depreciated against the US Dollar to pass through 200-hour simple moving average. During Wednesday's midnight hours, the rate kept depreciating to trade at the 1.3188 mark. 

In regards to the near-term future, most likely, the British Pound will appreciate against the US Dollar to break the resistance levels of the 55-hour and the 200-hour simple moving averages. It is expected that the rate might end the day at the 1.3250 level.  

On the other hand, the resistance level of the 200-hour simple moving average could retrace the rate to push it to pass the weekly PP at 1.3276.

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