Tanalys

GBP/JPY Intraday: bullish bias above 185.4.

Pivot: 185.4

Our preference: Long positions above 185.4 with targets @ 186.15 186.5 in extension.

Alternative scenario: Below 185.4 look for further downside with 184.7 184 as targets.

Comment: A support base at 185.4 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

187

186.5

186.15

185.6267 Last

185.4

184.7

184

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