Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 27% | 25% | 8.5% |
Shorts | 73% | 75% | -3.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇘ | ⇒ | ⇗ |
The British Pound has declined by 74 pips or 0.48% against the Japanese Yen on Tuesday. The currency pair tested the lower boundary of a descending channel pattern at 152.82 during Tuesday's trading session.
As for the near future, the exchange rate could continue to edge lower in the descending channel pattern. A breakout through the lower boundary of the channel pattern could occur.
However, the support level at 152.80 could provide support for the GBP/JPY currency exchange rate within this session.