Tanalys

GBP/JPY Intraday: key resistance at 181.7.

Pivot: 181.7

Our preference: Short positions below 181.7 with targets @ 179.7 179 in extension.

Alternative scenario: Above 181.7 look for further upside with 182.7 183.65 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

Supports and resistances:

183.65 **

182.7 **

181.7 **

180.6631 Last

179.7 ***

179 ***

178.2 **

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