Tanalys

GBP/JPY Intraday: key resistance at 180.

Pivot: 180

Our preference: short positions below 180 with targets @ 179 178.5 in extension.

Alternative scenario: above 180 look for further upside with 180.6 182.1 as targets.

Comment: as long as the resistance at 180 is not surpassed, the risk of the break below 179 remains high.

Supports and resistances:

182.1 **

180.6 ***

180 ***

179.5 Last

179 **

178.5 **

177.85 **

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