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GBP/JPY intraday: eye 190.86

2024-04-16
57

Our pivot point stands at 192.36.

Our preference: eye 190.86.

Alternative scenario: the upside breakout of 192.36, would call for 192.89 and 193.21.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (192.08) but above its 50 period moving average (191.81).

Supports and resistances:

193.21 **

192.89 *

192.36 **

192.15

191.86 last

191.17

190.86 **

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.

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