| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 25% | 28% | -10.9% |
| Shorts | 75% | 72% | 3.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The British Pound rose by 62 pips or 0.41% against the Japanese Yen on Friday. The currency pair tested the upper line of a descending channel pattern at 153.74 during Friday's trading session.
All things being equal, the exchange rate could continue to surge towards the following trading session. A breakout through the upper line of the channel pattern could occur.
However, the 200– hour simple moving average at 153.82 could provide resistance for the GBP/JPY currency exchange rate in his session.