| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 75% | -3.1% |
| Shorts | 28% | 25% | 8.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
During Thursday, the GBP/USD exchange rate was volatile as opposition parties of the UK Parliament started a plan to stop a no-deal Brexit. During today's morning, the rate jumped to the resistance level—the weekly R1 at 1.2156.
If the given resistance holds, it is likely, that a reversal south could occur in the nearest future. The rate could trade sideways between the given resistance and the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2077/1.2106 range until the next week.
If the given resistance does not hold, the currency pair could continue to extend gains. In this case, a possible upside target could be the psychological level at the 1.2180 mark.