Tanalys

GBP/JPY Intraday: key resistance at 180.15.

Pivot: 180.15

Our preference: Short positions below 180.15 with targets @ 178.2 177.2 in extension.

Alternative scenario: Above 180.15 look for further upside with 180.8 181.75 as targets.

Comment: As long as 180.15 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

181.75 ***

180.8 ***

180.15 ***

179.89 Last

178.2 **

177.2 **

176.4 **

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