GBP/JPY intraday: the downside prevails as long as 140.03 is resistance
Our pivot point is at 140.03.
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 139.63 and 139.72).
above 140.03, look for 140.65 and 141.02.
the downside prevails as long as 140.03 is resistance.