| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 28% | 2.8% |
| Shorts | 71% | 72% | -1.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]The British Pound declined by 63 pips or 0.40% against the Japanese Yen on Monday.[/ANNOUNCE] The currency pair tested the weekly support level at 154.55 during yesterday's trading session.
As for the near future, the exchange rate could continue to edge lower in a descending channel pattern. Bearish traders might target the weekly S2 at 154.07 within this session.
However, the lower boundary of the channel pattern could provide support for the GBP/JPY currency exchange rate during the following trading session.