| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 26% | 27% | -2.6% |
| Shorts | 74% | 73% | 0.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
On Friday, the British Pound surged by 168 pips or 1.08% against the Japanese Yen. The GBP/JPY currency pair tested the 157.40 resistance level during Friday's trading session.
Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Most likely, the exchange rate could continue to trend higher during the following trading session.
However, if the resistance level at 157.37 holds, a decline towards the 155.50 area within this session.