GBP/JPY intraday: the upside prevails as long as 182.91 is support
Our pivot point stands at 182.91.
Our preference: the upside prevails as long as 182.91 is support.
Alternative scenario: below 182.91, expect 181.97 and 181.41.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 183.63 and 183.49).
Supports and resistances:
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