GBP/JPY potential target at 152.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs31%27%10.3%
Shorts69%73%-4.5%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellNeutral
SAR(0.02;0.2)BuyBuySell
Aggregate

The GBP/JPY currency pair failed to break the 151.50 resistance level on Tuesday. As a result, the British Pound fell by 41 pips or 0.27% against the Japanese Yen during Tuesday's trading session.

Technical indicators suggest that the exchange rate could trend bullish during the following trading session. The possible target for buyers would be near the 152.00 level.

However, the resistance line at 151.52 could provide a barrier for bullish traders within this session.

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