GBP/JPY ST : the upside prevails as long as 197.72 is support

High Volatility
2025-09-15 09:15Source:TC

Our pivot point is at 197.72.

Our preference: the upside prevails as long as 197.72 is support

Alternative scenario: below 197.72, expect 195.25 and 193.78.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 199.13 and 198.72). Finally, the GBP/JPY is trading above its upper Bollinger band (standing at 200.14).

Supports and resistances:

207.85 **

206.38 *

204.90 **

203.42

200.20 last

198.69

197.72 **

195.25 *

193.78 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-15-2025 at 09:15 UTC+1

Price reference: 200.20 last known on 09-15-2025 at 09:15 UTC+1

Investment horizon: ST

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