Tanalys

GBP/JPY intraday: key ST resistance at 153.45.

Pivot: 153.45

Our preference: Short positions below 153.45 with targets @ 152.2 151.9 in extension.

Alternative scenario: Above 153.45 look for further upside with 153.8 154.05 as targets.

Comment: as long as 153.45 is resistance, look for choppy price action with a bearish bias.

Key levels

154.05

153.8

153.45

152.412 last

152.2

151.9

151.6

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