Tanalys

GBP/JPY Intraday: key resistance at 182.25.

Pivot: 182.25

Our preference: Short positions below 182.25 with targets @ 180.85 180.15 in extension.

Alternative scenario: Above 182.25 look for further upside with 183.2 183.9 as targets.

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

Supports and resistances:

183.9 *

183.2 **

182.25 ***

181.65 Last

180.85 ***

180.15 ***

179.5 **

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