Tanalys

GBP/JPY Intraday: key resistance at 173.55.

Pivot: 173.55

Our preference: Short positions below 173.55 with targets @ 172.7 172.35 in extension.

Alternative scenario: Above 173.55 look for further upside with 174.1 174.55 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

174.55

174.1

173.55

173.3391 Last

172.7

172.35

171.9

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version