GBP/USD trades between SMAs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
 Positions Today Yesterday Change
 Longs 48% 49% -2.1%
 Shorts 52% 51% 1.9%
       
 Indicator 4H 1D 1W
 MACD(12;26;9) Sell Buy Sell
 RSI(14) Neutral Neutral Neutral
 Stochastic(5;3;3) Sell Neutral Neutral
 Alligator(13;8;5) Sell Neutral Neutral
 SAR(0.02;0.2) Sell Sell Buy
 Aggregate

During Tuesday's trading session, the currency exchange rate broke the resistance of the 55-hour simple moving average. During Wednesday's midnight hours, the rate was resisted by the 100-hour SMA at the 1.2890 mark.  

In regards to the near-term future, most likely, the British Pound will depreciate against the US Dollar to the 62.30% Fibonacci retracement level at 1.2864. 

Note, during today's UK CPI data release at 9:30 GMT, the rate depreciated by 8 base points to turn the rate towards the 55-hour simple moving average at the 1.2885 mark.

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