Tanalys

GBP/JPY Intraday: key resistance at 195.85.

Pivot: 195.85

Our preference: Short positions below 195.85 with targets @ 194.08 193.45 in extension.

Alternative scenario: Above 195.85 look for further upside with 196.5 197.25 as targets.

Comment: The RSI broke above a bearish trend line.

Supports and resistances:

197.25 *

196.5 *

195.85 ***

194.5550 Last

194.08 ***

193.45 **

192.95 **

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