Tanalys

GBP/JPY intraday: key ST resistance at 156.

Pivot: 156

Our preference: Short positions below 156 with targets @ 154.95 154.1 in extension.

Alternative scenario: Above 156 look for further upside with 156.45 156.75 as targets.

Comment: the RSI lacks upward momentum.

Key levels

156.75

156.45

156

155.53 last

154.95

154.1

153.2

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