Tanalys

GBP/JPY intraday: key ST resistance at 149.7.

Pivot: 149.7

Our preference: Short positions below 149.7 with targets @ 148.8 148.2 in extension.

Alternative scenario: Above 149.7 look for further upside with 150.2 150.65 as targets.

Comment: the upward potential is likely to be limited by the resistance at 149.7.

Key levels

150.65

150.2

149.7

149.48 last

148.8

148.2

147.55

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