Positions | Today | Yesterday | Change |
Longs | 34% | 31% | 8.8% |
Shorts | 66% | 69% | -4.5% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Sell | Sell | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Neutral |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇒ | ⇗ |
During Monday's trading session, the British Pound was supported by the 200-hour simple moving average to stay at 1.3180. On Tuesday morning, the currency exchange rate broke the support level of the 200-hour SMA to be located below the 50.00% Fibo at the 1.3155 mark.
It is expected that the rate will be trading sideways between the 50.00% Fibo and the monthly pivot point at 1.3129. More likely, the rate will end the trading session at the 1.3140 level!
On the other hand, the 50.00% Fibonacci retracement level could resist the British Pound to depreciate against the US Dollar to the bottom boundary of the pattern line at 1.3100.