GBP/JPY continues to push higher. It will likely meet a ceiling near 141.97 for a correction towards 141.29 and ideally closer to 141.06 before taking off again towards 142.72 and closer to the next major target at 147.96.
Key-support is seen at 140.33.
R3: 142.26
R2: 142.14
R1: 141.97
Pivot: 141.71
S1: 141.50
S2: 141.29
S3: 141.06
Trading recommendation:
We are long GBP from 140.71 with our stop placed at 140.30