| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 34% | -2.8% |
| Shorts | 67% | 66% | 1.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
During previous trading session, the GBP/USD exchange rate failed to surpass the psychological level at 1.3000. During Monday morning, the rate was trading at the given level.
It is likely that some upside potential could prevail in the market, as the currency pair has been trading within the ascending short-term channel since last Tuesday. A possible upside target is the 1.3050/1.3100 area.
On the other hand, the British Pound could trade sideways against the Greenback at the given psychological level. Also, it is unlikely that a breakout south could occur due to the support provided by the 55-hour SMA.