Tanalys

GBP/JPY intraday: key ST resistance at 152.55.

Pivot: 152.55

Our preference: Short positions below 152.55 with targets @ 150.5 149.6 in extension.

Alternative scenario: Above 152.55 look for further upside with 153 153.8 as targets.

Comment: as long as 152.55 is resistance, look for choppy price action with a bearish bias.

Key levels

153.8

153

152.55

151.85 last

150.5

149.6

148.1

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