| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 25% | 9.5% |
| Shorts | 72% | 75% | -3.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
On Tuesday, the British Pound fell by 106 pips or 0.71% against the Japanese Yen. The currency pair breached a one-month low at 149.19 during Tuesday's trading session.
Technical indicators suggest that selling signals on 4H and daily time-frame charts. Most likely, the exchange rate could continue to trend lower during Wednesday's trading session.
However, the lower line of a descending channel pattern could provide support for the GBP/JPY currency exchange rate within this session.