• GBP/JPY has broken minor support 182.75 which confirms intraday weakness, a decline till 181.70 cannot be ruled out.
  • Intraday bullishness can be seen only above 183.50 and break above 183.20 will take the pair to 184/184.50.
  • Overall bullishness only above 184.50.
  • On the downside major support is around 181.60 and break below targets 181/180.55.

It is good to sell on rallies around 182.75-80 with SL around 183.50 for the TP of 181.65/181

The material has been provided by InstaForex Company – www.instaforex.com