GBP/USD could stay at 1.3100

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs52%50%2.4%
Shorts48%50%-2.5%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)SellSellBuy
SAR(0.02;0.2)BuySellBuy
Aggregate

Yesterday, the currency exchange rate broke the resistance level of the 55-hour simple moving average to end the trading day below the weekly pivot point at 1.3050. During Tuesday's morning hours, the rate was supported by the 55-hour SMA to be located at the 1.3103 mark. 

In regards to the near-term future, most likely, the British Pound will break the resistance level of the monthly pivot point at the 1.3127 mark to end the day near the 36.10% Fibo at the 1.3162 mark. 

On the other hand, the rate might trade sideways to stay between the monthly pivot point at 1.3127 and the weekly pivot point at 1.3074

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