| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 40% | 40% | 0.0% |
| Shorts | 60% | 60% | 0.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇘ |
On Thursday, the GBP/USD exchange rate reached the 1.2560 level. During today's morning, the rate reversed south from the Fibonacci 23.60% retracement at 1.2573.
[/ANNOUNCE]It is likely that the currency pair could continue to go downside in the nearest future. However, note that the pair could get support of the 55– and 100-hour SMAs, as well the monthly R2 in the 1.2459/1.2474 range.
If the given support level holds, it is likely that the rate could reverse north to re-test the given Fibonacci level. Otherwise, the pair could decline to the support level formed by the 200-hour SMA and the weekly PP at 1.2416