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GBP/JPY analysis todayto Nov. 28, 2019



GBP/JPY intraday: as long as 140.96 is support look for 142.62
Our pivot point is at 140.96.

Our preference: as long as 140.96 is support look for 142.62.

Alternative scenario: below 140.96, expect 140.34 and 139.96.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is below its 20 MA (141.49) but above its 50 MA (140.92).


Supports and resistances:

143.36 **
142.99 *
142.62 **
142.24
141.46 last
141.21
140.96 **
140.34 *
139.96 *
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