Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 46% | 49% | -5.4% |
Shorts | 54% | 51% | 4.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Buy |
Alligator(13;8;5) | Neutral | Sell | Buy |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇗ |
On Tuesday, the British Pound declined by 116 pips or 0.84% against the US Dollar. The exchange rate breached the 55-, 100 and 200– hour SMAs during Tuesday's trading session.
Everything being equal, the currency pair could continue to decline within the following trading session. The possible target for the GBP/USD pair will be near the 1.3733 area.
However, bearish traders might find support at 1.3780 during the following trading session.