Tanalys

GBP/JPY Intraday: key resistance at 193.9.

Pivot: 193.9

Our preference: Short positions below 193.9 with targets @ 191.3 190.65 in extension.

Alternative scenario: Above 193.9 look for further upside with 194.65 195.3 as targets.

Comment: The upward potential is likely to be limited by the resistance at 193.9.

Supports and resistances:

195.3 *

194.65 *

193.9 ***

193.39 Last

191.3 **

190.65 *

190.15 *

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