| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 40% | 38% | 4.3% |
| Shorts | 60% | 62% | -2.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
During Monday morning hours, the GBP/USD exchange rate exceeded the weekly R1 at 1.3344.
It is likely that the currency pair could gain support from the predetermined level and trade upwards in the short term. Note that the pair could face the resistance level—the weekly R2 at 1.3402.
If the given resistance level holds, a reversal south could occur. In this case the exchange rate could decline to the support formed by the 55– and 100-hour moving averages, as well the weekly PP in the 1.3260 area.