Tanalys

GBP/JPY Intraday: turning up.

Pivot: 170.25

Our preference: Long positions above 170.25 with targets @ 173 173.65 in extension.

Alternative scenario: Below 170.25 look for further downside with 169.7 169.1 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:

174.8

173.65

173

171.91 Last

170.25

169.7

169.1

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