| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 27% | 5.6% |
| Shorts | 71% | 73% | -2.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The GBP/JPY currency pair has continued to trade sideways since April 8. The British Pound surged by 72 pips or 0.48% against the Japanese Yen during Wednesday's trading session.
Everything being equal, the exchange rate could continue to range between the 150.70/149.50 levels during the following trading session.
However, technical indicators suggest selling signals on the 4H time-frame chart. Most likely, bearish traders might pressure the currency exchange rate lower during the following trading session.