GBP/JPY intraday: key ST resistance at 123.8.
Update on supports and resistances.
Pivot: 123.8
Our preference: Short positions below 123.8 with targets @ 122.9 &
122.5 in extension.
Alternative scenario: Above 123.8 look for further upside with 124.3 &
125 as targets.
Comment: the pair stands below its resistance and remains under pressure.
Key levels
125
124.3
123.8
123.516 last
122.9
122.5
122.2
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