GBP / JPY intraday: bullish as long as 132.17 is support
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* 132.17 is our pivot point.
Our preference: bullish as long as 132.17 is support.
Alternative scenario: at the breakout of 132.17, the GBP / JPY could go to 131.07 and 130.42.
Comment: the RSI is greater than 50. The MACD is positive and above its signal line. In addition, prices are above their moving averages 20 and 50, currently located on 132.85 and 132.96.