Tanalys

GBP/JPY Intraday: key resistance at 170.8.

Pivot: 170.8

Our preference: Short positions below 170.8 with targets @ 169.85 169.5 in extension.

Alternative scenario: Above 170.8 look for further upside with 171.2 171.9 as targets.

Comment: the upward potential is likely to be limited by the resistance at 170.8.

Supports and resistances:

171.9

171.2

170.8

170.53 Last

169.85

169.5

169

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