| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 27% | -0.5% |
| Shorts | 74% | 73% | 0.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The GBP/JPY currency pair reversed from the upper end of a descending channel pattern at 153.50 on Tuesday. As a result, the Pound Sterling fell by 94 pips or 0.61% against the Japanese Yen during yesterday's trading session.
All things being equal, the exchange rate could continue to edge lower in a descending channel pattern during the following trading session.
However, given that the currency exchange rate is currently trading near the upper boundary of the channel pattern at 152.82, a breakout could occur within the following trading session.