GBP/JPY intraday: the downside prevails as long as 182.76 is resistance
Our pivot point stands at 182.76.
Our preference: the downside prevails as long as 182.76 is resistance.
Alternative scenario: above 182.76, look for 183.29 and 183.60.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 182.59 and 183.07).
Supports and resistances:
CM Trade Mobile Application