GBP/JPY intraday: the downside prevails as long as 193.02 is resistance
Trading Central 2025-05-22 12:21:04
Our pivot point stands at 193.02.
Our preference: the downside prevails as long as 193.02 is resistance.
Alternative scenario: above 193.02, look for 193.77 and 194.22.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 192.68 and 192.88).
Supports and resistances:
194.22 **
193.77 *
193.02 **
192.73
192.36 last
191.46
191.02 **
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