Tanalys

GBP/JPY intraday: intraday support around 148.6.

Pivot: 148.6

Our preference: Long positions above 148.6 with targets @ 150.55 151.15 in extension.

Alternative scenario: Below 148.6 look for further downside with 148.2 147.4 as targets.

Comment: a support base at 148.6 has formed and has allowed for a temporary stabilisation.

Key levels

151.6

151.15

150.55

149.27 last

148.6

148.2

147.4

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