Tanalys

GBP/JPY intraday: bullish bias above 153.

Pivot: 153

Our preference: Long positions above 153 with targets @ 154.05 154.6 in extension.

Alternative scenario: Below 153 look for further downside with 152.55 151.7 as targets.

Comment: the pair remains on the upside and is challenging its resistance.

Key levels

155.3

154.6

154.05

153.737 last

153

152.55

151.7

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