Tanalys

GBP/JPY Intraday: rebound.

Pivot: 169.05

Our preference: Long positions above 169.05 with targets @ 170.5 170.85 in extension.

Alternative scenario: Below 169.05 look for further downside with 168.35 167.75 as targets.

Comment: the RSI is well directed.

Supports and resistances:

171.65

170.85

170.5

169.89 Last

169.05

168.35

167.75

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