GBP/USD will break 36.10% Fibo

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Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs43%43%-1.0%
Shorts57%57%0.7%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyNeutralBuy
SAR(0.02;0.2)BuySellBuy
Aggregate

During Wednesday's trading session, the British Pound was supported by the 200-hour SMA to break the resistance level of the 36.10% Fibo at 1.3162. Today, the currency exchange rate was located below the 36.10% Fibo at the 1.3159 mark.  

Most likely, the 200-hour and the 55-hour simple moving averages will support the rate to break the 36.10% Fibonacci retracement level at the 1.3162 mark. 

In addition, most likely, the British Pound will end the trading day at the 1.3150 level.

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