| 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 | ⇓ | ⇒ | ⇒ | |
GBP/USD continued to weaken on Thursday but with considerably lower volatility than during the two preceding sessions.
After failing to surpass the strong resistance of the weekly PP, the monthly R1 and the 200-hour SMA near the psychological 1.41 mark, the Sterling breached the prevailing three-week channel and pushed lower until 1.4030 was reached on Friday morning.
The Sterling has enough room to move both directions today, as the nearest barriers are set only at 1.41 and 1.3960. The pair is most likely to remain between these two levels in this session. It is expected that a retracement from the breached channel might follow, thus allowing for a minor recovery of the Pound.
In general, this session should not introduce any changes in price, as US markets are closed due to Easter Holidays.