Tanalys

GBP/JPY intraday: further upside.

Pivot: 154.95

Our preference: Long positions above 154.95 with targets @ 156.45 157 in extension.

Alternative scenario: Below 154.95 look for further downside with 154.1 153.2 as targets.

Comment: the pair stands above its new support (former resistance) and remains on the upside.

Key levels

158

157

156.45

155.96 last

154.95

154.1

153.2

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