GBP/JPY intraday: eye 188.08

Our pivot point stands at 190.21.

Our preference: eye 188.08.

Alternative scenario: the upside breakout of 190.21, would call for 191.01 and 191.49.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (189.59) but above its 50 period moving average (189.55).

Supports and resistances:

191.49 **

191.01 *

190.21 **

189.90

189.57 last

188.55

188.08 **