Tanalys

GBP/JPY intraday: intraday support around 153.25.

Pivot: 153.25

Our preference: Long positions above 153.25 with targets @ 154.65 155.55 in extension.

Alternative scenario: Below 153.25 look for further downside with 152.85 152.3 as targets.

Comment: a support base at 153.25 has formed and has allowed for a temporary stabilisation.

Key levels

156.1

155.55

154.65

153.64 last

153.25

152.85

152.3

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