Gbp/jpy

GBP/JPY intraday: above its upper Bollinger band
Our pivot point stands at 132.48.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 132.87 and 132.84). Finally, the GBP/JPY is trading above its upper Bollinger band (standing at 132.99).
Alternative scenario:
below 132.48, expect 131.89 and 131.54.
Our preference:
the upside prevails as long as 132.48 is support.