| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 28% | 0.5% |
| Shorts | 72% | 72% | -0.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The GBP/JPY currency pair failed to break the 150.60 resistance level on Thursday. As a result, the British Pound fell by 96 pips or 0.64% against the Japanese Yen during Thursday's trading session.
The exchange rate could continue to edge lower in a descending channel pattern during the following trading session. The possible target for sellers would be near the 148.50 area.
However, the support line at 149.98 could provide a barrier for bearish traders within this session.