Tanalys

GBP/JPY Intraday: key resistance at 169.2.

Pivot: 169.2

Our preference: Short positions below 169.2 with targets @ 168 167.7 in extension.

Alternative scenario: Above 169.2 look for further upside with 169.7 170 as targets.

Comment: the upward potential is likely to be limited by the resistance at 169.2.

Supports and resistances:

170

169.7

169.2

168.9 Last

168

167.7

167.2

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