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GBP/JPY intraday: rebound towards 182.76
2023-10-26
724
Our pivot point stands at 181.25.
Our preference: rebound towards 182.76.
Alternative scenario: below 181.25, expect 180.72 and 180.41.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 181.74 and 181.79).
Supports and resistances:
183.39 **
183.08 *
182.76 **
182.45
181.73 last
181.46
181.25 **
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