GBP/USD meets a new high at 1.3041 level

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 58% 59% -1.72%
Shorts 42% 41% 2.38%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Sell Neutral Neutral
Stochastic (5; 3; 3) Sell Sell Neutral
Alligator (13; 8; 5) Buy Neutral Sell
SAR (0.02; 0.2) Buy Buy Buy
Aggregate

The British Pound experiences a significant surge upwards during the last two days of trading. The rate broke the senior descending pattern as well as the Fibonacci retracement level of 61.80% during Wednesday's trading session passing through the monthly pivot point at 1.2930. 

Moreover, Wednesday's trading session ended up with a new high of 1.3041, not seen since the beginning of August. On Thursday morning the rate was at 1.3030.  

The 55-hour SMA tried to catch the rate to play a role of support for the currency pair. The nearest support level is the weekly R1 at 1.2950, while the nearest resistance level is the weekly R2 at 1.3047.

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