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GBP/JPY intraday: above its upper Bollinger band
2024-04-02
707
Our pivot point stands at 190.08.
Our preference: the upside prevails as long as 190.08 is support.
Alternative scenario: below 190.08, expect 189.56 and 189.26.
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 190.35 and 190.48). Finally, the GBP/JPY has crossed above its upper Bollinger band (190.53).
Supports and resistances:
192.18 **
191.88 *
191.57 **
191.26
190.62 last
190.28
190.08 **
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