- Western Union Business Solutions (based on Business Recorder)
Cable's yesterday was limited by the immediate , while the GBP/USD ended the day relatively unchanged with a slight move to the downside. Even though the pair remains in a , a corrective rally might occur today, without the violation of the resistance in face of the weekly PP . Technical indicators, however, keep giving mixed signals in the , unable to support the positive outlook, suggesting a decline towards the weekly S1 and the around 1.4655 is possible.
Today 51% of all open positions are long, compared to 65% yesterday. The percentage of buy orders increased from 49 to 63%.