Gbp/jpy

GBP/JPY intraday: as long as 131.90 is support look for 133.46
Our pivot point stands at 131.90.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 132.33 and 131.90).
Alternative scenario:
the downside breakout of 131.90 would call for 131.31 and 130.96.
Our preference:
as long as 131.90 is support look for 133.46.