Tanalys

GBP/JPY Intraday: bullish bias above 179.

Pivot: 179

Our preference: long positions above 179 with targets @ 180.15 180.6 in extension.

Alternative scenario: below 179 look for further downside with 178.5 177.85 as targets.

Comment: a support base at 179 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

181.2 **

180.6 ***

180.15 **

179.48 Last

179 ***

178.5 **

177.85 **

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version