| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 49% | 49% | -0.1% |
| Shorts | 51% | 51% | 0.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
Yesterday, the GBP/USD exchange rate raised to the 1.3040 level. During Thursday morning, the rate was testing the upper boundary of the medium-term descending channel.
From a theoretical perspective, it is likely that a reversal south could occur in the nearest future. Note that the currency pair could gain support of the 55– and 100-hour SMAs at 1.3022. A possible downside target is the weekly S1 at 1.2985.
However, if the given channel does not hold, it is likely that a breakout north could occur in the nearest future. In this case the exchange rate could face the resistance level—the weekly PP at 1.3099.