CM Trade

Download APP to receive bonus

GET

GBP/JPY intraday: rebound towards 182.73

2023-10-26
672

Our pivot point is at 181.29.

Our preference: rebound towards 182.73.

Alternative scenario: below 181.29, expect 180.76 and 180.44.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (181.74) but under its 50 period moving average (181.91).

Supports and resistances:

183.36 **

183.04 *

182.73 **

182.42

181.74 last

181.49

181.29 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More