Our pivot point is at 211.50.
Our preference: In spite of the current rebound, our pivot threshold at 211.50 has not been hit and our target remains 209.67
Alternative scenario: above 211.50, look for 212.02 and 212.33.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. The price is below its 20 period moving average (211.01) but above its 50 period moving average (210.67). The GBP/JPY is trading below its lower Bollinger band (standing at 210.79).
Supports and resistances:
212.33 **
212.02 *
211.50 **
210.79 last
209.98
209.67 **
209.37 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-30-2026 at 04:45 UTC+1
Price reference: 210.79 last known on 10-30-2026 at 04:45 UTC+1
Investment horizon: INTRADAY
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