| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 55% | 54% | 1.0% |
| Shorts | 45% | 46% | -1.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The GBP/USD exchange rate could continue to trade downwards within the short-term descending channel.
From a theoretical perspective, it is likely that the currency pair could continue to depreciate within the predetermined channel in the short term. The pair could decline to the monthly S1 at 1.2817.
Meanwhile, the exchange rate could gain support from the weekly S1 at 1.2863 and breach the given trend north. In this case the rate could target the 200-hour SMA near 1.3020.