GBPJPY Daily Chart : Bias Remain Bullish
Pivot: 140.00
Preference: long positions above 140.00 with targets at 148.50 & 151.75 in extension.
Alternative scenario: below 140.00 look for further downside with 135.75 & 132.60 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
155.70 ***
151.75 ***
148.50 ***
144.00 Last
140.00 ***
135.75 ***
132.60 ***
Preference: long positions above 140.00 with targets at 148.50 & 151.75 in extension.
Alternative scenario: below 140.00 look for further downside with 135.75 & 132.60 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
155.70 ***
151.75 ***
148.50 ***
144.00 Last
140.00 ***
135.75 ***
132.60 ***
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