| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 29% | -8.2% |
| Shorts | 73% | 71% | 3.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
On Friday, the British Pound edged lower by 86 pips or 0.56% against the Japanese Yen. The currency pair breached the 50- and 200- hour SMAs during Friday's trading session.
Given that the exchange rate has breached the 50- and 200- hour simple moving averages, sellers could continue to drive the price lower during Monday's session. The potential target for the GBP/JPY pair would be near the 152.50 area.
However, the currency exchange rate could find support at 153.19 within this session.