Tanalys

GBP/JPY Intraday: key resistance at 194.65.

Pivot: 194.65

Our preference: Short positions below 194.65 with targets @ 193.65 193.4 in extension.

Alternative scenario: Above 194.65 look for further upside with 195.05 195.4 as targets.

Comment: As long as the resistance at 194.65 is not surpassed, the risk of the break below 193.65 remains high.

Supports and resistances:

195.4 ***

195.05 ***

194.65 ***

194.3 Last

193.65 ***

193.4 ***

192.7 ***

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