| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 26% | 27% | -3.9% |
| Shorts | 74% | 73% | 1.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
Yesterday, the GBP/USD exchange rate consolidated at the 1.3150 level. During Tuesday morning, the rate traded near the given level.
Note that the currency pair is supported by the 55– and 100-hour SMAs, currently located circa 1.3140. Thus, it is likely that some upside potential could prevail in the market. In this case the pair would have to surpass the Fibo 50.00% at 1.3196.
If the given resistance holds, it is likely that the British Pound could continue to consolidate against the US Dollar in the nearest future. Also, it is unlikely that bears could prevail, and the rate could drop lower than the weekly PP at 1.3068.