| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]The British Pound reversed from a resistance cluster formed by the combination of the weekly and the monthly PPs and the 50-hour simple moving average at 135.72 during last week's trading sessions.[/ANNOUNCE]
Currently, the exchange rate is testing the monthly and the weekly S2 at 133.96. If the support level holds, the currency pair will make a pullback during the following trading sessions.
However, if the currency exchange rate breaches the support lines, bearish traders could continue their dominance in the market in the nearest future.