Tanalys

GBP/JPY Intraday: bullish bias above 177.55.

Pivot: 177.55

Our preference: Long positions above 177.55 with targets @ 179.1 179.3 in extension.

Alternative scenario: Below 177.55 look for further downside with 177 176.5 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

179.6 ***

179.3 ***

179.1 ***

178.6569 Last

177.55 ***

177 **

176.5 **

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