Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Buy |
Alligator(13;8;5) | Buy | Sell | Buy |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇘ | ⇗ |
Since the beginning of September, the GBP/JPY currency pair has been trading downwards.
It is likely that the exchange rate could be pushed down by the 200-period moving average near 138.00 in the nearest future. In this case the rate could gain support from the Fibos 50.00% and 61.80%, located at 133.29 and 131.23 respectively.
On the other hand, it is likely that the currency pair could gain support from the 55-period moving average near 135.00 and extend gains within the following trading sessions. Note that the pair could face the resistance level at 142.00.