Tanalys

GBP/JPY intraday: rebound.

Pivot: 147.6

Our preference: Long positions above 147.6 with targets @ 149.75 150.55 in extension.

Alternative scenario: Below 147.6 look for further downside with 146.3 145.85 as targets.

Comment: the pair is rebounding and is approaching its next resistance, the RSI is well directed.

Key levels

151.7

150.55

149.75

149.152 last

147.6

146.3

145.85

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