| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 72% | 4.6% |
| Shorts | 25% | 28% | -13.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
During Friday, the GBP/USD exchange rate breached the short-term descending channel north. During today's morning, the rate was testing the resistance level formed by the 200-hour SMA and the weekly PP at 1.2648.
Note, that the currency pair is supported by the 55– and 100-hour moving averages, currently located circa 1.2630. Thus, the pair could breach the given resistance and maintain its growth. A possible upside target is the 1.2700 level.
Otherwise, it is expected, that the rate could trade sideways round the given moving averages in the short-term. If the given support does not hold, the pair could decline to the 1.2580 level.