Tanalys

GBP/JPY Intraday: the bias remains bullish.

Pivot: 170.4

Our preference: Long positions above 170.4 with targets @ 172.15 172.75 in extension.

Alternative scenario: Below 170.4 look for further downside with 169.35 168.35 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

173.8

172.75

172.15

171.65 Last

170.4

169.35

168.35

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