GBP/JPY intraday : the downside prevails as long as 193.15 is resistance
Our pivot point is at 193.15.
Our preference: the downside prevails as long as 193.15 is resistance
Alternative scenario: above 193.15, look for 194.03 and 194.56.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 192.69 and 192.88).
Supports and resistances:
194.56 **
194.03 *
193.15 **
192.80
192.37 last
191.30
190.77 **
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