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GBP/JPY intraday: rebound towards 186.26
2024-01-14
1038
Our pivot point stands at 183.94.
Our preference: rebound towards 186.26.
Alternative scenario: the downside breakout of 183.94 would call for 183.07 and 182.55.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 184.71 and 185.07).
Supports and resistances:
187.30 **
186.78 *
186.26 **
185.74
184.70 last
184.28
183.94 **
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