Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 43% | 35% | 18.2% |
Shorts | 57% | 65% | -13.7% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Neutral | Neutral |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇘ | ⇗ | ⇒ |
On Thursday, the British Pound declined by 82 pips or 0.59% against the US Dollar. The currency pair tested the weekly S2 at 1.3801 during Thursday's trading session.
Technical indicators suggest selling signals on the 4H time-frame chart. Most likely, the exchange rate could continue to trend lower during the following trading session.
However, the GBP/USD currency exchange rate could encounter support at 1.3801 today.