| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 35% | 33% | 4.0% |
| Shorts | 65% | 67% | -2.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
Yesterday, the GBP/USD exchange rate failed to surpass the psychological level at 1.2840. During Wednesday morning, the rate was trading near the upper boundary of the short-term descending channel.
From a theoretical perspective, it is likely that a reversal south could occur in the nearest future. In this case the currency pair could reach the psychological level at 1.2820.
If the given channel does not hold, a breakout north could occur in the short term. However, note that the pair would have to surpass the resistance cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2864/1.2903 range.