Tanalys

GBP/JPY Intraday: key resistance at 185.05.

Pivot: 185.05

Our preference: short positions below 185.05 with targets @ 183.75 183.25 in extension.

Alternative scenario: above 185.05 look for further upside with 185.7 186.3 as targets.

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

Supports and resistances:

186.3 ***

185.7 **

185.05 ***

184.45 Last

183.75 ***

183.25 ***

182.75 **

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