Tanalys

GBP/JPY Intraday: key resistance at 178.85.

Pivot: 178.85

Our preference: Short positions below 178.85 with targets @ 176.95 176.45 in extension.

Alternative scenario: Above 178.85 look for further upside with 179.45 180.2 as targets.

Comment: The upward potential is likely to be limited by the resistance at 178.85.

Supports and resistances:

180.2 ***

179.45 ***

178.85 **

178.5 Last

176.95 ***

176.45 **

175.75 ***

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version