Tanalys

GBP/JPY intraday: key ST resistance at 153.6.

Pivot: 153.6

Our preference: Short positions below 153.6 with targets @ 152.3 151.9 in extension.

Alternative scenario: Above 153.6 look for further upside with 154.05 154.65 as targets.

Comment: as long as 153.6 is resistance, likely decline to 152.3.

Key levels

154.65

154.05

153.6

153.008 last

152.3

151.9

151.6

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