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GBP/JPY intraday: below its lower Bollinger band
2024-01-25
955
Our pivot point stands at 188.33.
Our preference: the downside prevails as long as 188.33 is resistance.
Alternative scenario: above 188.33, look for 189.14 and 189.61.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 187.86 and 187.73). Finally, the GBP/JPY is trading below its lower Bollinger band (standing at 187.55).
Supports and resistances:
189.61 **
189.14 *
188.33 **
188.02
187.33 last
186.31
185.84 **
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