| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 31% | -0.6% |
| Shorts | 69% | 69% | 0.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
Yesterday, the GBP/USD exchange rate traded sideways in the 1.3350 area. During Wednesday morning, the rate jumped to 1.3450.
[/ANNOUNCE]It is likely that some upside potential could continue to prevail in the market, as the currency pair could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3350/1.3425 range.
In the meantime, note that the pair could face the resistance at the psychological level at 1.3520. If the given level holds, a reversal south could follow and the rate could re-test the predetermined support.