Tanalys

GBP/JPY intraday: intraday support around 167.25.

Pivot: 167.25

Our preference: Long positions above 167.25 with targets @ 168.8 169.35 in extension.

Alternative scenario: Below 167.25 look for further downside with 166.75 165.8 as targets.

Comment: the pair stands above its support and remains on the upside.

Key levels

169.8

169.35

168.8

167.883 last

167.25

166.75

165.8

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