GBP / JPY intraday: bearish below 134.21
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* Our pivot point is at: 134.21.
Our preference: bearish below 134.21.
Alternative scenario: if it exceeds 134.21, the GBP / JPY could go to 135.19 and 135.78.
Comment: the RSI is below its 50 neutral zone. The MACD is negative and below its signal line. The configuration is bearish. In addition, prices are below their moving averages 20 and 50 (located at 133.64 and 133.53 respectively).