| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 50% | 49% | 2.9% |
| Shorts | 50% | 51% | -2.9% |
| 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) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
Since Monday, the GBP/USD exchange rate has been consolidating in the 1.3030 area.
It is likely that the currency pair could gain support from the 200-hour SMA near 1.3000 and trade upwards in the short term. In this case the pair could target the 1.3100/1.3150 range.
In the meantime, note that the exchange rate is pressured by the 55-hour SMA near 1.3040. Therefore, the rate could breach the medium-term ascending channel south and target the weekly S1 at 1.2911.