Tanalys

GBP/JPY Intraday: bullish bias above 182.6.

Pivot: 182.6

Our preference: Long positions above 182.6 with targets @ 183.85 184.45 in extension.

Alternative scenario: Below 182.6 look for further downside with 181.6 181 as targets.

Comment: A support base at 182.6 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

185.3 ***

184.45 **

183.85 ***

183.09 Last

182.6 ***

181.6 ***

181 **

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