| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 26% | 2.6% |
| Shorts | 73% | 74% | -1.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
Upside risks pressured the Pound Sterling higher against the Japanese Yen on Thursday. The currency pair surged by 215 pips or 1.39% during Thursday's trading session.
The GBP/JPY exchange rate could continue the bullish run. Buyers are likely to target the 156.60 level within the following trading session.
However, the currency exchange rate could make a brief pullback towards the 50- hour simple moving average at 154.80 within this session.