GBP/USD pressured by 55-, 100– and 200-hour SMAs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs50%50%-0.5%
Shorts50%50%0.5%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)BuyNeutralNeutral
Alligator(13;8;5)SellSellBuy
SAR(0.02;0.2)BuySellBuy
Aggregate

Yesterday, the GBP/USD currency pair stepped lower to the psychological level at the 1.3060 mark.  

From a technical perspective, it is unlikely, that the pair could resume rising due to the resistance cluster formed by a combination of the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3071/1.3087 range. 

It is likely, that the exchange rate continues trading down and surpasses the psychological level at the 1.3040 mark.  

However, if the given resistance does not hold, the rate could reach the upper boundary of the falling wedge pattern located circa 1.3100.

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