Tanalys

GBP/JPY Intraday: key resistance at 190.

Pivot: 190

Our preference: Short positions below 190 with targets @ 189.1 188.5 in extension.

Alternative scenario: Above 190 look for further upside with 190.7 191.2 as targets.

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

Supports and resistances:

191.2 **

190.7 ***

190 ***

189.74 Last

189.1 **

188.5 ***

187.8 **

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