GBP/JPY intraday: as long as 147.65 is support loo

GBP/JPY intraday: as long as 147.65 is support look for 148.61

GBPJPY

Trading Central 2021-02-22 08:01:05

Our pivot point stands at 147.65.

Our preference: as long as 147.65 is support look for 148.61.

Alternative scenario: below 147.65, expect 147.34 and 147.15.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 147.89 and 147.68).

Supports and resistances:

148.98 **

148.80 *

148.61 **

148.42

148.02 last

147.78

147.65 **

Disclaimer

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