| Positions | Today | Yesterday | % Change | |
| Longs | 57% | 57% | 0.00% | |
| Shorts | 43% | 43% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
In line with expectations, traders used the 55-hour SMA as a benchmark to push the rate in the southern direction.
The main role in the yesterday's downfall played a release of better than expected US employment data as well as Govern Powell's and the BOE MPC Members' McCafferty and Haldane speeches.
Because of a quite sharp depreciation of the Pound against the Dollar, the pair not only fell from a descending channel, but also crossed the 38.2% retracement level at 1.3145.
The fact that the average market sentiment remains 59% bullish and the fact that 55% of traders are willing to purchase the Sterling suggests that the pair is likely to make a rebound either from the weekly S3 at 1.3078 or from an area near the psychological 1.30 level.