| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 46% | 47% | -2.8% |
| Shorts | 54% | 53% | 2.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
Yesterday, the GBP/USD exchange rate declined to the lower boundary of the medium-term ascending channel at 1.2870. During Wednesday morning, the rate was testing the lower channel line.
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 monthly R1 at 1.3096.
However, note that the exchange rate is pressured by the 55– and 100-hour SMAs near 1.3000. Thus, a breakout south could occur. In this case the rate has to surpass the weekly S1 at 1.2844.