Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 27% | 30% | -12.1% |
Shorts | 73% | 70% | 4.4% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Buy | Buy |
RSI(14) | Buy | Neutral | Sell |
Stochastic(5;3;3) | Buy | Buy | Neutral |
Alligator(13;8;5) | Sell | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇑ | ⇗ |
The British Pound declined by 128 pips or 0.84% against the Japanese Yen on Wednesday. The currency pair breached the 151.00 level during Wednesday's trading session.
Technical indicators suggest selling signals on the 4H time-frame chart. Most likely, the GBP/JPY exchange rate could continue to trend lower during the following trading session.
However, a support level at 150.72 could provide support for the currency exchange rate in the shorter term.