| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 32% | 0.9% |
| Shorts | 68% | 68% | -0.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The GBP/USD exchange rate continues to follow the rising wedge pattern.
It is likely that the currency pair could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3700 area and re-test the upper pattern line in the short term.
Note that it is unlikely that a breakout north could occur due to the resistance level—the weekly R1 located at 1.3779. The exchange rate could trade between the predetermined support and resistance in the nearest future.