Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 27% | 25% | 6.5% |
Shorts | 73% | 75% | -2.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Sell | Neutral |
SAR(0.02;0.2) | Buy | Buy | Sell |
Aggregate | ⇗ | ⇘ | ⇒ |
On Friday, the British Pound declined by 61 pips or 0.41% against the Japanese Yen. The currency pair tested the psychological support level at 151.00 during Friday's trading session.
Technical indicators suggest buying signals on the 4H time-frame chart. Most likely, the exchange rate could edge higher within this session. The potential target for buyers would be near the 152.50 level.
However, the GBP/JPY currency exchange rate may encounter resistance at 151.77 during the following trading session.