- GBP/JPY has made a low of 193.46 and slightly recovered form that level. Intrady trend is weak as long as resistance 194.80 holds. Break above targets 195.50/195.90 in short term.
- The minor support is around 193.40. Break below will target 192.70/192.30.
It is good to sell on rallies around 194.40 with SL around 194.81 for the TP of 192.70/192.30.
The material has been provided by InstaForex Company – www.instaforex.com