Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 26% | 27% | -5.1% |
Shorts | 74% | 73% | 1.8% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Sell | Buy |
RSI(14) | Sell | Neutral | Neutral |
Stochastic(5;3;3) | Sell | Neutral | Neutral |
Alligator(13;8;5) | Buy | Neutral | Neutral |
SAR(0.02;0.2) | Buy | Sell | Sell |
Aggregate | ⇒ | ⇘ | ⇒ |
Upside risks dominated the GBP/JPY currency pair on Tuesday. As a result, the British Pound edged higher by 126 pips or 0.83% against the Japanese Yen during yesterday's trading session.
As for the near future, the exchange rate could continue to edge higher in a narrow ascending channel pattern. The potential target for buyers will be near the 153.00 area.
However, the currency exchange rate could encounter resistance at 152.59 within this session.