Tanalys

GBP/JPY intraday: bullish bias above 156.65.

Pivot: 156.65

Our preference: Long positions above 156.65 with targets @ 157.6 157.95 in extension.

Alternative scenario: Below 156.65 look for further downside with 156.15 155.45 as targets.

Comment: a support base at 156.65 has formed and has allowed for a temporary stabilisation.

Key levels

158.3

157.95

157.6

157.09 last

156.65

156.15

155.45

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version