GBP/JPY intraday: under pressure.
Update on supports and resistances.
Pivot: 123.5
Our preference: Short positions below 123.5 with targets @ 122.7 &
122.45 in extension.
Alternative scenario: Above 123.5 look for further upside with 123.9 &
124 as targets.
Comment: the pair is rebounding but stands below its resistance.
Key levels
124
123.9
123.5
123.19 last
122.7
122.45
122.2
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