GBP/JPY intraday: the upside prevails as long as 162.27 is support
The configuration is positive.
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The configuration is positive.
Alternative scenario: the downside breakout of 0.6071 would call for 0.6045 and 0.6029.
The MACD is below its signal line and positive.
Long positions above 1.3735 with targets at 1.3800 & 1.3820 in extension.
Short positions below 0.6610 with targets at 0.6550 & 0.6530 in extension.
Long positions above 0.9395 with targets at 0.9460 & 0.9480 in extension.
Long positions above 137.15 with targets at 138.10 & 138.45 in extension.
Short positions below 1.1860 with targets at 1.1775 & 1.1750 in extension.
Short positions below 1.0560 with targets at 1.0510 & 1.0490 in extension.
Long positions above 1.3720 with targets at 1.3775 & 1.3800 in extension.
Short positions below 0.6620 with targets at 0.6570 & 0.6550 in extension.
Long positions above 0.9390 with targets at 0.9440 & 0.9460 in extension.