Tanalys

GBP/JPY intraday: intraday support around 156.5.

Pivot: 156.5

Our preference: Long positions above 156.5 with targets @ 157.9 158.8 in extension.

Alternative scenario: Below 156.5 look for further downside with 155.45 154.65 as targets.

Comment: the break above 156.5 is a positive signal that has opened a path to 157.9.

Key levels

159.5

158.8

157.9

156.745 last

156.5

155.45

154.65

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