Tanalys

GBP/JPY intraday: intraday support around 157.25.

Pivot: 157.25

Our preference: Long positions above 157.25 with targets @ 158.15 158.9 in extension.

Alternative scenario: Below 157.25 look for further downside with 156.6 156.15 as targets.

Comment: the pair is facing a pull back on its support.

Key levels

159.45

158.9

158.15

157.5 last

157.25

156.6

156.15

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