Tanalys

GBP/JPY Intraday: supported by a rising trend line.

Pivot: 172.25

Our preference: Long positions above 172.25 with targets @ 173.6 174.1 in extension.

Alternative scenario: Below 172.25 look for further downside with 171.3 170.5 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Supports and resistances:

174.8

174.1

173.6

172.7934 Last

172.25

171.3

170.5

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version