Trading-Log
Long

GBP/JPY Intraday: further upside.

FX:GBPJPY   British Pound/Japanese Yen
36 1 0
Pivot: 155.35

Our preference: long positions above 155.35 with targets @ 156.70 & 157.40 in extension.

Alternative scenario: below 155.35 look for further downside with 154.35 & 153.60 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:
158.45 ***
157.40 ***
156.70 ***
156.526 Last
155.35 **
154.35 ***
153.60 ***
target hit
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