Thanks Buddy. Nice to see this analysis !
Dislikedmaybe this is the slight move down
Time: 07:29 (GMT +1) Ticker: GBPJPY Last: 216.2 Pivot: 215.1 1st sup. 215.1 2nd sup. 214.35 3rd sup. 213.5 1st res. 216.5 2nd res. 216.85 3rd res. 217.5 Title: GBP/JPY intraday: bullish above 215.10 Summary: Update on supports and resistances. Story: Pivot: 215.1
Our preference: Long @ 215.3 with targets @ 216.5 & 216.85 in extension.
Alternative scenario: Below 215.1 look for further downside with 214.35 & 213.5 as targets.
Comment: the RSI is bullish but lacks upward momentum, the pair should face a slight down move ahead of a rebound.Ignored