Tanalys

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

Pivot: 155.7

Our preference: Long positions above 155.7 with targets @ 156.75 157 in extension.

Alternative scenario: Below 155.7 look for further downside with 154.95 154.5 as targets.

Comment: the RSI advocates for further upside.

Key levels

157.4

157

156.75

156.4 last

155.7

154.95

154.5

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