Tanalys

GBP/JPY Intraday: key resistance at 170.15.

Pivot: 170.15

Our preference: Short positions below 170.15 with targets @ 167.75 167.35 in extension.

Alternative scenario: Above 170.15 look for further upside with 170.85 171.65 as targets.

Comment: the upward potential is likely to be limited by the resistance at 170.15.

Supports and resistances:

171.65

170.85

170.15

169.33 Last

167.75

167.35

166.55

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