GBP/USD continues to be volatile

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs32%35%-7.4%
Shorts68%65%3.5%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralSellNeutral
Stochastic(5;3;3)SellNeutralSell
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate⇗⇗⇗
[ANNOUNCE]

Yesterday, the GBP/USD exchange rate raised to the weekly R2 at 1.3216. During Friday morning, the rate drop to the weekly R1 at 1.3152.

[/ANNOUNCE]

It is likely that the currency pair could be pushed down by the 55– and 100-hour SMAs near 1.3180. In this case the pair could gain support from the weekly PP at 1.3079.

In the meantime, the exchange rate would have to surpass the 200-hour SMA near 1.3120. If the given moving average holds, it is likely that the rate could consolidate in the short run.

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