GBP/USD is supported by SMAs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 54% 55% -1.85%
Shorts 46% 45% 2.17%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Neutral Neutral Sell
SAR (0.02; 0.2) Buy Sell Buy
Aggregate

The British pound appreciated 0.66 % against the US Dollar since Thursday's session. On Friday morning, the rate was supported by the 100-hour SMA at the 1.3008 mark.  

During Friday's session, most likely, the rate will surge upwards to the 1.3060 level due to support of the 100-hour and the 55-hour SMAs. The rate might break the resistance of the monthly PP at the 1.3038 mark and use it as support to break the 200-hour simple moving average during the day.  

On the other side, the monthly PP may resist the rate to pass the simple moving averages supports to trade at the 1.2980 level on Friday.

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