| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 72% | 73% | -2.5% |
| Shorts | 28% | 27% | 6.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
Yesterday, the GBP/USD exchange rate traded downside along the upper boundary of the short-term descending channel located in the 1.2620/1.2640 range.
From a technical perspective, it is unlikely, that a breakout north could occur in the short term, as the rate is pressured by the 55-, 100– and 200-hour SMAs, currently located in the 1.2626/1.2667 range.
It is expected, that the currency pair could maintain its decline in the short run, going down along the upper channel line. A potential bearish target is the psychological level at the 1.2580 mark.