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#intraday_trading Check out our intraday trading idea GBPJ | OctaFX Analytics

#intraday_trading

Check out our intraday trading idea

GBPJPY is possibly bearish

Technical analysis
The price lies beneath EMA(50) and EMA(100)
EMA(100) is higher than EMA(50), which is favourable for bears
The MACD is deep below 0, with the signal line pointing down
The RSI is below 50 near the oversold zone.

Key levels
Support 151.143 151.004
Resistance 152.151 152.684

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