Tanalys

GBP/JPY Intraday: key resistance at 191.7.

Pivot: 191.7

Our preference: Short positions below 191.7 with targets @ 190.55 190.05 in extension.

Alternative scenario: Above 191.7 look for further upside with 192.35 192.9 as targets.

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

Supports and resistances:

192.9 *

192.35 *

191.7 ***

191.27 Last

190.55 *

190.05 *

189.35 *

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