Tanalys

GBP/JPY Intraday: bullish bias above 171.65.

Pivot: 171.65

Our preference: Long positions above 171.65 with targets @ 173 173.6 in extension.

Alternative scenario: Below 171.65 look for further downside with 170.9 170.3 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

174.2

173.6

173

172.6217 Last

171.65

170.9

170.3

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