Tanalys

GBP/JPY Intraday: key resistance at 186.75.

Pivot: 186.75

Our preference: Short positions below 186.75 with targets @ 182.99 181.8 in extension.

Alternative scenario: Above 186.75 look for further upside with 188.13 189.7 as targets.

Comment: As long as 186.75 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

189.7 ***

188.13 ***

186.75 ***

184.3950 Last

182.99 ***

181.8 ***

180.6 ***

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