GBPJPY intraday technical analysis - 18/10/2017
GBPJPY1.31791 / 1.31798
Upwards scenario: Medium-term bias remains positive, however possible upside formation is limited now to the next resistive barrier at 148.47 (R1). Clearance here is required to provide a space for a move towards to next target at 148.85 (R2) and then final aim could be found at 149.25 (R3).
Resistance levels: 148.47 , 148.85 , 149.25
Support levels: 148.05 , 147.65 , 147.29