GBP/JPY ST: as long as 201.64 is support look for 213.47
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201.64 is our pivot point.
Our preference: as long as 201.64 is support look for 213.47.
Alternative scenario: below 201.64, expect 197.36 and 194.81.
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 203.29 and 199.31).
Supports and resistances:
218.59 **
216.03 *
213.47 **
210.91
205.44 last
203.33
201.64 **
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