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GBP/JPY intraday: below its lower Bollinger band
2024-03-27
846
Our pivot point is at 191.27.
Our preference: the downside prevails as long as 191.27 is resistance.
Alternative scenario: above 191.27, look for 191.79 and 192.10.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 191.26 and 191.32). Finally, the GBP/JPY has penetrated its lower Bollinger band (190.92).
Supports and resistances:
192.10 **
191.79 *
191.27 **
191.07
190.86 last
190.23
189.92 **
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