GBP/USD could stay at 1.3140

Note: This section contains information in English only.
Source: Dukascopy Bank SA
 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.

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