Tanalys

GBP/JPY intraday: rebound expected.

Pivot: 151.1

Our preference: Long @ 151.3 with targets @ 152.2 152.8 in extension.

Alternative scenario: Below 151.1 look for further downside with 150.4 149.9 as targets.

Comment: the pair stands above its support and should post a rebound.

Key levels

153.4

152.8

152.2

151.624 last

151.1

150.4

149.9

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