| Positions | Today | Yesterday | % Change | |
| Longs | 43% | 59% | -37.21% | |
| Shorts | 57% | 41% | 28.07% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
[ANNOUNCE] The first part of Thursday's trading session was spent with no changes to the overall price level for GBP/USD, as traders were cautious prior to the BOE policy statement scheduled for 1200GMT.[/ANNOUNCE]
Even though the bank kept the rates on hold, Carney's comments about sooner hike strengthened the British Sterling above its two-day resistance of 1.40. This relatively high position was not maintained for long, as the 200-hour SMA near 1.4075 forced bulls to abandon their positions as a result of which the Pound fell slightly below the 38.20% Fibo and the 100-hour SMA.
However, it did remain above the 55-hour SMA which could allow bulls to make another advancement, especially if the UK reports solid manufacturing production data at 0930GMT.
A possible trading range for today could be 1.4060/1.3830.