| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 45% | 6.25% | |
| Shorts | 52% | 55% | -5.77% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇒ | |
Downside risks dominated the Pound during the first part of Friday's trading session. This fall was stopped mid-session when the rate reversed from the 1.3130 mark and subsequently surged 112 pips within a couple of hours.
The rate breached the 55–, 100- and 200-hour and 55– and 100-period (4H) SMAs along the way which might point to further advance. The nearest resistance is formed by the 200-period moving average at 1.3268 which might still put bearish pressure on the Sterling and thus limit gains today. Technical indicators flash bearish signals. A fall, however, should likewise be restricted by the above SMAs located slightly above the 1.32.
The ultimate low in this session is likely to be the weekly S1 at 1.31, while bullish gains should not exceed the 1.33 level.