Tanalys

GBP/JPY Intraday: key resistance at 187.85.

Pivot: 187.85

Our preference: Short positions below 187.85 with targets @ 186.5 185.85 in extension.

Alternative scenario: Above 187.85 look for further upside with 188.45 189.2 as targets.

Comment: The upward potential is likely to be limited by the resistance at 187.85.

Supports and resistances:

189.2 ***

188.45 ***

187.85 ***

187.47 Last

186.5 ***

185.85 ***

185.15 ***

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