GBP/JPY consolidates below 154.50

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs28%26%7.3%
Shorts72%74%-2.8%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralSellSell
Stochastic(5;3;3)SellNeutralNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate

Since last week's trading sessions, the British Pound versus the Japanese Yen has been trading between the 153.50/153 levels. The currency pair tested the 154.30 area on Monday morning.

Everything being equal, the GBP/JPY currency exchange rate could continue to trade within the 153.50/153 range, as mentioned above, within the following trading session.

However, technical indicators suggest bullish signals on the 4H, daily and weekly time-frame charts. Most likely, a breakout could occur during Monday's trading session.

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