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GBP/JPY intraday: the upside prevails as long as 180.61 is support
2023-10-04
484
Our pivot point stands at 180.61.
Our preference: the upside prevails as long as 180.61 is support.
Alternative scenario: below 180.61, expect 180.11 and 179.81.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 180.87 and 180.40).
Supports and resistances:
182.60 **
182.30 *
182.00 **
181.70
181.10 last
180.81
180.61 **
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