| Positions | Today | Yesterday | % Change | |
| Longs | 62% | 68% | -9.68% | |
| Shorts | 38% | 32% | 15.79% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
The medium term trend line, which held its ground on the GBP/USD charts at the end of August, has managed to provide enough downwards momentum for the currency rate to book a certain decline.
On Thursday morning it was discovered that the currency exchange rate seems to be descending in a junior channel down pattern. If the pattern holds its ground, the currency pair is set to decline down to the support of the weekly S1 at the 1.3047 level.
Meanwhile, a short term surge should take place in the borders of the descending pattern, if its support line holds.