GBP/JPY Intraday: rebound expected.
Long positions above 160.00 with targets at 164.00 & 166.00 in extension.
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Long positions above 160.00 with targets at 164.00 & 166.00 in extension.
Long positions above 1.3685 with targets at 1.3725 & 1.3740 in extension.
Short positions below 103.5000 with targets at 103.0000 & 102.8000 in extension.
Long positions above 0.6665 with targets at 0.6700 & 0.6720 in extension.
Short positions below 0.9250 with targets at 0.9205 & 0.9190 in extension.
Long positions above 132.00 with targets at 132.90 & 133.30 in extension.
Long positions above 1.2185 with targets at 1.2260 & 1.2285 in extension.
Long positions above 1.0740 with targets at 1.0790 & 1.0810 in extension.
Alternative scenario: above 1.3392, look for 1.3419 and 1.3435.
Alternative scenario: the downside breakout of 0.6165 would call for 0.6137 and 0.6120.
Alternative scenario: the downside breakout of 141.99 would call for 141.35 and 140.97.
Our preference: as long as 161.22 is support look for 163.10.