GBP/USD remains below 1.3220

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs27%27%-2.7%
Shorts73%73%1.0%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralSellNeutral
Stochastic(5;3;3)SellSellNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate

Yesterday, the GBP/USD exchange rate tried to surpass the psychological level at 1.3220. During Thursday morning, the rate was testing the support formed by the 55– and 100-hour SMAs.

If the given moving averages do not hold, it is likely that the British Pound could continue to appreciate against the US Dollar. In this case the currency pair could gain support of the monthly R2 at 1.3115.

If the given moving averages hold, it is likely that a reversal north could occur in the nearest future. In this case the exchange rate could try to exceed the given psychological level.

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