| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 46% | 1.7% |
| Shorts | 53% | 54% | -1.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
Yesterday, the GBP/USD exchange rate declined to the lower boundary of the short-term descending channel at 1.2980. During Wednesday morning, the rate was testing the upper channel line.
From a theoretical point of view, it is likely that a reversal south could occur in the nearest future. In this case the currency pair could gain support of the weekly S1 at 1.2968.
It is unlikely that a breakout south from the given channel could occur in the nearest future due to the resistance cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3038/1.3072 area.