Tanalys

GBP/JPY Intraday: caution.

Pivot: 169.8

Our preference: Long positions above 169.8 with targets @ 171.1 171.8 in extension.

Alternative scenario: Below 169.8 look for further downside with 169.3 168.35 as targets.

Comment: intraday technical indicators are mixed and call for caution.

Supports and resistances:

172.6

171.8

171.1

169.84 Last

169.8

169.3

168.35

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