Tanalys

GBP/JPY intraday: key ST resistance at 149.4.

Pivot: 149.4

Our preference: Short positions below 149.4 with targets @ 147.05 146.3 in extension.

Alternative scenario: Above 149.4 look for further upside with 150.65 151.95 as targets.

Comment: the upward potential is likely to be limited by the resistance at 149.4.

Key levels

151.95

150.65

149.4

148.79 last

147.05

146.3

145.8

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