| Positions | Today | Yesterday | % Change | |
| Longs | 64% | 66% | -3.13% | |
| Shorts | 36% | 34% | 5.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇒ | ⇗ | |
The first half of the previous trading day the currency pair, indeed, spent in a limbo between two combined support and resistance barriers.
However, a sharp appreciation of the buck by 37 basis points dragged the pair down right in the middle of a short-term symmetrical triangle. It seems that this pattern formed in anticipation of a release of the UK Services PMI.
Even though the plunge towards the 200-hour SMAs seems a more reasonable scenario from a technical perspective, everything will depend on content of the report that will be published by Markit at 8:30 GMT.