| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 45% | 6.25% | |
| Shorts | 52% | 55% | -5.77% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇒ | |
Despite flashing bearish signals early on Monday, the Sterling managed to maintain its high positioning against the US Dollar and even push higher during the previous session.
As a result, the pair was trading near the weekly R1 and a minor trend-line at 1.4140 this morning. Apart from this resistance, the Pound is constrained by the weekly R2 and a medium-term trend at 1.42 and 1.4240, respectively.
Technical indicators have already started to move lower; thus, the given pair is expected to follow any time soon. The daily low should remain the same as yesterday—the 1.4055/80 territory where the 55-, 100– and 200-hour SMAs and the weekly PP is located.
This support is likely to provide a strong barrier for several sessions, as the 55– and 100-period SMAs on the 4H time-frame are likewise located there.