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GBP/JPY intraday: the upside prevails as long as 183.28 is support
2023-09-13
835
183.28 is our pivot point.
Our preference: the upside prevails as long as 183.28 is support.
Alternative scenario: below 183.28, expect 182.34 and 181.77.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 183.96 and 183.87).
Supports and resistances:
186.96 **
186.40 *
185.84 **
185.28
184.08 last
183.65
183.28 **
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