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GBP/JPY intraday: as long as 190.15 is support look for 191.54
2024-04-03
793
Our pivot point stands at 190.15.
Our preference: as long as 190.15 is support look for 191.54.
Alternative scenario: the downside breakout of 190.15 would call for 189.64 and 189.33.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 190.57 and 190.50).
Supports and resistances:
192.15 **
191.85 *
191.54 **
191.23
190.59 last
190.36
190.15 **
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