| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 49% | 48% | 2.2% |
| Shorts | 51% | 52% | -2.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
Yesterday, the GBP/USD exchange rate declined to the weekly PP at 1.2997. During Tuesday morning, the rate reversed north from the 200-hour SMA near 1.2970.
Note that the currency pair faced the resistance provided by the 55-hour SMA near 1.3020. If the given resistance holds, it is likely that a reversal south could occur. In this case the pair could re-test the 200-hour SMA.
On the other hand, the exchange rate could gain support of the 100-hour SMA and trade upwards in the nearest future. In this case the rate could target the 1.3080 level.