GBP/JPY intraday: the upside prevails as long as 192.68 is support

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1675403048992
GBPJPY+0%
2025-05-09 22:32Source:TC

192.68 is our pivot point.

Our preference: the upside prevails as long as 192.68 is support.

Alternative scenario: the downside breakout of 192.68 would call for 191.87 and 191.38.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 193.10 and 192.95).

Supports and resistances:

195.86 **

195.37 *

194.89 **

194.41

193.33 last

193.00

192.68 **

191.87 *

191.38 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-09-2025 at 22:32 UTC+1

Price reference: 193.33 last known on 05-09-2025 at 22:32 UTC+1

Investment horizon: INTRADAY

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