GBP/JPY intraday: the upside prevails as long as 186.90 is support
Our pivot point stands at 186.90.
Our preference: the upside prevails as long as 186.90 is support.
Alternative scenario: below 186.90, expect 186.27 and 185.90.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 187.13 and 186.95).
Supports and resistances:
189.26 **
188.89 *
188.52 **
188.15
187.39 last
187.14
186.90 **
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
CM Trade Mobile Application
Economics Calendar
More