Tanalys

GBP/JPY intraday: bullish bias above 157.15.

Pivot: 157.15

Our preference: Long positions above 157.15 with targets @ 158.3 158.55 in extension.

Alternative scenario: Below 157.15 look for further downside with 156.65 156.05 as targets.

Comment: the next resistances are at 158.3 and then at 158.55.

Key levels

158.9

158.55

158.3

157.787 last

157.15

156.65

156.05

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