| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 28% | 5.9% |
| Shorts | 71% | 72% | -2.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
On August 24, the British Pound fell by 74 pips or 0.49% against the Japanese Yen. The decline was stopped by the 50– hour simple moving average during Tuesday's trading session.
Technical indicators suggest selling signals on the daily time-frame chart. Most likely, the GBP/JPY exchange rate could continue to edge lower during the following trading session.
However, the 50– hour SMA could still provide support for the currency exchange rate within this session.