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GBP/JPY intraday: as long as 180.43 is support look for 181.80
2023-10-04
863
Our pivot point is at 180.43.
Our preference: as long as 180.43 is support look for 181.80.
Alternative scenario: the downside breakout of 180.43 would call for 179.93 and 179.63.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 180.77 and 180.32).
Supports and resistances:
182.40 **
182.10 *
181.80 **
181.50
180.84 last
180.63
180.43 **
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