Tanalys

GBP/JPY intraday: consolidation in place.

Pivot: 150.7

Our preference: Long positions above 150.7 with targets @ 149.9 149.3 in extension.

Alternative scenario: Below 150.7 look for further downside with 151.6 152.1 as targets.

Comment: technically, the RSI is below its neutrality area at 50.

Key levels

152.1

151.6

150.7

149.96 last

149.9

149.3

148.6

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