Tanalys

GBP/JPY Intraday: key resistance at 188.15.

Pivot: 188.15

Our preference: Short positions below 188.15 with targets @ 184.9 183.2 in extension.

Alternative scenario: Above 188.15 look for further upside with 190 191.1 as targets.

Comment: As long as 188.15 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

191.1 ***

190 ***

188.15 ***

187.04 Last

184.9 ***

183.2 ***

182 **

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