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GBP/JPY intraday: the downside prevails as long as 184.59 is resistance
2023-09-14
391
Our pivot point is at 184.59.
Our preference: the downside prevails as long as 184.59 is resistance.
Alternative scenario: the upside breakout of 184.59, would call for 185.53 and 186.09.
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 183.85 and 183.96).
Supports and resistances:
186.09 **
185.53 *
184.59 **
184.21
183.72 last
182.58
182.02 **
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