Tanalys

GBP/JPY intraday: turning up.

Pivot: 152.6

Our preference: Long positions above 152.6 with targets @ 154.15 154.8 in extension.

Alternative scenario: Below 152.6 look for further downside with 151.9 151.4 as targets.

Comment: the RSI calls for a new upleg.

Key levels

155.55

154.8

154.15

153.5 last

152.6

151.9

151.4

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