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GBP/JPY Intraday: Towards 211.69
Nov 4, 2026 6:00 AM
Despite the current recovery, 211.69 remains our main target as long as 212.79 is resistance
Our pivot point is at 212.79.
Our preference:
Despite the current recovery, 211.69 remains our main target as long as 212.79 is resistance
Alternative scenario:
above 212.79, look for 213.27 and 213.56.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price is below its 20 period moving average (212.67) but above its 50 period moving average (212.42).
Supports and resistances:
213.56 **
213.27 *
212.79 **
212.43 last
211.69
211.40 **
211.12 *
Our preference:
Despite the current recovery, 211.69 remains our main target as long as 212.79 is resistance
Alternative scenario:
above 212.79, look for 213.27 and 213.56.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price is below its 20 period moving average (212.67) but above its 50 period moving average (212.42).
Supports and resistances:
213.56 **
213.27 *
212.79 **
212.43 last
211.69
211.40 **
211.12 *
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