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GBP/JPY intraday: as long as 182.84 is support look for 184.37
2023-10-24
394
Our pivot point stands at 182.84.
Our preference: as long as 182.84 is support look for 184.37.
Alternative scenario: below 182.84, expect 182.29 and 181.96.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 183.09 and 182.60).
Supports and resistances:
185.03 **
184.70 *
184.37 **
184.04
183.36 last
183.06
182.84 **
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