| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 46% | 46% | 1.8% |
| Shorts | 54% | 54% | -1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
Yesterday, the GPB/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs. During Tuesday morning, the rate declined to the lower boundary of the medium-term ascending channel.
From a theoretical point of view, it is likely that a reversal north could occur in the nearest future. In this case the currency pair could re-test the SMA resistance.
However, note that the exchange rate is pressured by the 200-hour moving average. Thus, the British Pound could depreciate against the US Dollar in the short run. A possible downside target is the weekly S1 at 1.2968.