| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 26% | 29% | -14.0% |
| Shorts | 74% | 71% | 4.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
On Tuesday, the British Pound surged by 90 pips or 0.60% against the Japanese Yen. The currency pair tested the resistance level at 154.75 during yesterday's trading session.
Technical indicators suggest buying signals on the 4H and daily time-frame charts. Most likely, the exchange rate could continue to trend higher through the following trading session.
However, if the GBP/JPY currency exchange rate fails to break the resistance level at 154.75, sellers could target the 153.50 support line within this session.