GBP/JPY




GBP/JPY


GBP/JPY intraday: above its upper Bollinger band

132.64 is our pivot point.

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 trading above both its 20 and 50 MAs (respectively at 132.91 and 132.98). Finally, the GBP/JPY has crossed above its upper Bollinger band (133.14).

Alternative scenario:
below 132.64, expect 132.05 and 131.70.

Our preference:
the upside prevails as long as 132.64 is support.





Related News




Latest News
NewsBreak: Oil Falls on Reports Saudi Production to be Restored by Next Week
23.09.2019 11:21
Investing.com - Oil prices reversed gains on Monday following reports that top crude exporter Saudi Arabia is due to restore oil production as soon as next week after an attack on key output facilities earlier this month. Brent crude was down 30 cents to $63.97 a barrel by 6:00 AM ET (10:00GMT). U.S. West Texas Intermediate crude fell 33 cents to
Read more
Exclusive: Ceconomy eyes deal with heirs of Media Markt founder - sources
23.09.2019 11:18
By Matthias Inverardi and Arno Schuetze DUESSELDORF (Reuters) - Germany's Ceconomy (DE:CECG), Europe’s biggest consumer electronics group, is in talks to resolve a long-running dispute with a major shareholder of subsidiary Media Saturn, people close to the matter said on Monday. Under the transaction being discussed, the holding of the
Read more
Top Swiss court lets prosecutors help Italian oil corruption probe
23.09.2019 11:15
ZURICH (Reuters) - Switzerland's top court has allowed Geneva prosecutors to share with Italy material they seized more than three years ago that could shed light on a case involving oil majors Eni (MI:ENI) and Royal Dutch Shell (L:RDSa) and corrupt payments in Nigeria. In a ruling announced on Monday, the Federal Tribunal rejected Nigerian
Read more
At shuttered Ohio plant, workers still hope for new GM vehicle
23.09.2019 11:12
By Nick Carey LORDSTOWN, Ohio (Reuters) - When asked about reports General Motors Co (N:GM) may turn its shuttered Lordstown, Ohio, plant into a battery factory, "Buffalo" Joe Nero snorts and points at the vast complex that until six months ago made the Chevrolet Cruze. "You can't support a plant like this making batteries. We need a new
Read more
'Howdy, Modi!': Thousands, plus Trump, rally in Texas for India's leader
23.09.2019 11:09
(This September 22 story corrects to add dropped word in fourth paragraph.) By Brad Brooks and Steve Holland HOUSTON (Reuters) - U.S. President Donald Trump and Indian Prime Minister Narendra Modi shared a stage and showered each other with praise on Sunday at a "Howdy, Modi!" rally attended by upward of 50,000 people, a rare mass showing for a
Read more