GBP/JPY intraday: rebound towards 167.24
Alternative scenario: the downside breakout of 165.42 would call for 164.79 and 164.41.
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Alternative scenario: the downside breakout of 165.42 would call for 164.79 and 164.41.
Alternative scenario: below 0.6281, expect 0.6251 and 0.6233.
Alternative scenario: the downside breakout of 1.3226 would call for 1.3199 and 1.3184.
Alternative scenario: the downside breakout of 1.3226 would call for 1.3199 and 1.3184.
Our preference: the upside prevails as long as 0.8807 is support.
The configuration is positive.
Alternative scenario: the downside breakout of 1.7475 would call for 1.7413 and 1.7376.
Alternative scenario: the downside breakout of 0.8799 would call for 0.8778 and 0.8765.
Alternative scenario: the downside breakout of 89.56 would call for 89.12 and 88.87.
Alternative scenario: the downside breakout of 1.7481 would call for 1.7419 and 1.7382.
Alternative scenario: the downside breakout of 89.73 would call for 89.29 and 89.03.