Tanalys

GBP/JPY intraday: intraday support around 150.3.

Pivot: 150.3

Our preference: Long positions above 150.3 with targets @ 151.95 152.4 in extension.

Alternative scenario: Below 150.3 look for further downside with 149.35 148.85 as targets.

Comment: a support base at 150.3 has formed and has allowed for a temporary stabilisation.

Key levels

152.85

152.4

151.95

151.055 last

150.3

149.35

148.85

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