GBP/JPY intraday: as long as 190.62 is support look for 192.81

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2025-04-25 22:26Source:TC

Our pivot point stands at 190.62.

Our preference: as long as 190.62 is support look for 192.81.

Alternative scenario: below 190.62, expect 189.81 and 189.33.

Comment: the RSI is above its neutrality area at 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 191.28 and 190.84).

Supports and resistances:

193.77 **

193.29 *

192.81 **

192.33

191.29 last

190.93

190.62 **

189.81 *

189.33 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-25-2025 at 22:26 UTC+1

Price reference: 191.29 last known on 04-25-2025 at 22:26 UTC+1

Investment horizon: INTRADAY

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