| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 73% | 1.2% |
| Shorts | 26% | 27% | -3.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
On Tuesday, the GBP/USD exchange rate traded sideways around the psychological level at 1.2450. During today's morning, the rate was still consolidating at the given level.
From a technical perspective, it is unlikely, that the currency pair could extend gains due to the resistance cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2462/1.2492 range.
If the given resistance holds, it is expected, that the rate could reverse south and target the support level formed by the weekly S1 and the Fibo 0.00% circa 1.2400. Otherwise, the pair could maintain its consolidation.