| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 51% | 47% | 7.2% |
| Shorts | 49% | 53% | -7.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
Yesterday, the GBP/USD exchange rate broke the short-term descending channel. During Thursday morning, the rate was testing the resistance formed by the 55-hour SMA at 1.3015.
It is unlikely that some upside potential could prevail in the market, as the currency pair could face resistance of the 100– and 200-hour SMAs circa 1.3050.
It is likely that the currency pair could trade downwards within the following trading session. However, the pair could face support of the weekly S1 at 1.2968 and trade sideways.