| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 27% | 5.6% |
| Shorts | 71% | 73% | -2.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
[ANNOUNCE]The British Pound surged by 67 pips or 0.45% against the Japanese Yen on Friday. The currency pair breached the upper boundary of a descending channel pattern on Monday morning.[/ANNOUNCE]
Everything being equal, the exchange rate is likely to edge higher during this session. The potential target for buyers will be near the 151.00 level.
However, a resistance cluster formed by the weekly pivot point and the 200– hour simple moving average at 150.23 could provide resistance for the GBP/JPY currency exchange rate within this session.