Tanalys

GBP/JPY Intraday: key resistance at 171.85.

Pivot: 171.85

Our preference: Short positions below 171.85 with targets @ 170.25 169.7 in extension.

Alternative scenario: Above 171.85 look for further upside with 173 173.65 as targets.

Comment: as long as 171.85 is resistance, likely decline to 170.25.

Supports and resistances:

173.65

173

171.85

171.1716 Last

170.25

169.7

169.1

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