| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 36% | 37% | -1.1% |
| Shorts | 64% | 63% | 0.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
[ANNOUNCE]The British Pound edged lower by 43 pips or 0.31% against the US Dollar on Monday. The decline was stopped by the weekly pivot point at 1.3876 during Monday's trading session.
[/ANNOUNCE]
Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards the 1.3820 area could be expected today.
However, if the channel pattern holds, buyers could drive the GBP/USD currency exchange rate higher during the following trading session.