| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 28% | 2.8% |
| Shorts | 71% | 72% | -1.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]The British Pound declined by 60 pips or 0.39% against the Japanese Yen on Friday. The currency pair breached the 50– and 200– hour SMAs during Friday's trading session.[/ANNOUNCE]
All things being equal, the exchange rate could continue to edge lower during the following trading session. A breakout could occur through the lower boundary of a descending channel pattern.
However, if the channel pattern holds, the GBP/JPY currency exchange rate would make a brief pullback towards the resistance cluster at 155.24 within this session.