Tanalys

GBP/JPY Intraday: key resistance at 172.4.

Pivot: 172.4

Our preference: Short positions below 172.4 with targets @ 170.7 170.1 in extension.

Alternative scenario: Above 172.4 look for further upside with 173.6 174.15 as targets.

Comment: technically, the RSI is below its neutrality area at 50.

Supports and resistances:

174.15

173.6

172.4

171.97 Last

170.7

170.1

169.75

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