| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 30% | -7.3% |
| Shorts | 72% | 70% | 2.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇒ |
The British Pound surged by 76 pips or 0.50% against the Japanese Yen on Wednesday. The currency pair tested the upper boundary of an ascending channel pattern during yesterday's trading session.
Everything being equal, the GBP/JPY currency exchange rate could continue to trend bullish during the following trading session. A breakout through the upper line of the channel pattern could occur.
However, if the ascending channel holds, a decline towards the 153.00 level could be expected today.