Tanalys

GBP/JPY intraday: bullish bias above 151.8.

Pivot: 151.8

Our preference: Long positions above 151.8 with targets @ 153.35 153.75 in extension.

Alternative scenario: Below 151.8 look for further downside with 151.1 150.4 as targets.

Comment: the RSI is bullish and calls for further upside.

Key levels

154.2

153.75

153.35

152.848 last

151.8

151.1

150.4

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