Gbp/jpy

GBP/JPY

GBP/JPY intraday: rebound towards 134.20
Our pivot point stands at 132.62.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 133.17 and 133.41).
Alternative scenario:
below 132.62, expect 132.03 and 131.68.
Our preference:
rebound towards 134.20.