GBP/JPY intraday: rebound towards 190.02
Our pivot point stands at 188.83.
Our preference: rebound towards 190.02.
Alternative scenario: below 188.83, expect 188.39 and 188.13.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 189.40 and 189.82).
Supports and resistances:
190.54 **
190.28 *
190.02 **
189.75
189.22 last
189.01
188.83 **
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