Tanalys

GBP/JPY Intraday: key resistance at 173.05.

Pivot: 173.05

Our preference: short positions below 173.05 with targets @ 170.45 169.6 in extension.

Alternative scenario: above 173.05 look for further upside with 174 175.1 as targets.

Comment: as long as the resistance at 173.05 is not surpassed, the risk of the break below 170.45 remains high.

Supports and resistances:

175.1 ***

174 ***

173.05 ***

171.99 Last

170.45 **

169.6 **

168.5 **

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