| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 34% | -2.8% |
| Shorts | 67% | 66% | 1.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
During previous trading session, the GBP/USD exchange rate failed to surpass the psychological level at 1.3000. During Monday morning, the rate was trading at the given level.
[/ANNOUNCE]It is likely that some upside potential could prevail in the market, as the currency pair has been trading within the ascending short-term channel since last Tuesday. A possible upside target is the 1.3050/1.3100 area.
On the other hand, the British Pound could trade sideways against the Greenback at the given psychological level. Also, it is unlikely that a breakout south could occur due to the support provided by the 55-hour SMA.