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GBP/JPY intraday: as long as 194.15 is support look for 195.66
2024-04-25
573
194.15 is our pivot point.
Our preference: as long as 194.15 is support look for 195.66.
Alternative scenario: the downside breakout of 194.15 would call for 193.62 and 193.30.
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 194.50 and 194).
Supports and resistances:
196.29 **
195.97 *
195.66 **
195.34
194.69 last
194.36
194.15 **
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