Tanalys

GBP/JPY Intraday: bullish bias above 180.25.

Pivot: 180.25

Our preference: Long positions above 180.25 with targets @ 181.8 182.25 in extension.

Alternative scenario: Below 180.25 look for further downside with 180.05 179.7 as targets.

Comment: The RSI is mixed with a bullish bias. The pair has validated a continuation triangle pattern.

Supports and resistances:

183.15 ***

182.25 ***

181.8 **

181.32 Last

180.25 ***

180.05 ***

179.7 ***

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version