| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 70% | 72% | -2.3% |
| Shorts | 30% | 28% | 5.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
During the previous trading session, the GBP/USD exchange rate tried to breach the medium-term descending channel north.
From a theoretical point of view, it is expected, that the rate could reverse south and go downwards. However, note, that the currency pair could be supported by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.2613/1.2663 range.
If the given channel does not hold, a breakout north could occur in the nearest future. In this case, a possible upside target is the resistance level located at the 1.2760 mark.