| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 26% | 33% | -28.1% |
| Shorts | 74% | 67% | 9.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
During today's morning hours, the GBP/USD exchange rate was consolidating at the 1.3780 mark.
[/ANNOUNCE]It is likely that the currency pair could face the resistance level—the weekly R1 at 1.3809 and bounce off. In this case the pair could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3690/1.3730 area.
However, if the predetermined resistance does not hold, the exchange rate could extend gains in the short term. A possible upside target could be the weekly R2 located at 1.3879.