| 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 | ⇓ | ⇒ | ⇒ | |
The GBP/USD exchange rate remained steady on Monday apart from some minor fluctuations mid-session. The pair was trading in a very narrow range between the monthly PP and weekly PPs. This demonstrates the equal force of bulls and bears none of which were able to set the direction during this time.
If looking on the 4H chart, it seems that this lack of direction might continue in this session, as well, as the Pound remains stranded between the 55-, 100– and 200-period SMAs in the 1.3212/65 area.
Considering the nearby-located support barrier on the hourly time-frame, it is more likely that the pair tries to move higher today if no negative fundamentals change this assumption. The nearest resistance is a channel line or the weekly R1 at 1.3300 and 1.3365, respectively.