7638774 7/12/2017 8:58 AM, GBP/JPY Intraday: the downside prevails.


Pivot: 146.75


Our preference:

short positions below 146.75 with targets at 145.60 & 145.15 in extension.


Alternative scenario:

above 146.75 look for further upside with 147.15 & 147.75 as targets.


Comment:

the RSI is bearish and calls for further downside.


Supports and resistances:


147.75

147.15

146.75


146.01

Last

145.60

145.15

144.50