- GBP/JPY has made a high of 183.04 and declined till 180.85 yesterday. It is currently trading at 181.68.
- Overall trend is bullish as long as 180.85 holds. Any break below 180.85 will drag the pair further 180.35/180.
- Intraday minor resistance is around 181.80 and any break above targets 183.20/184.
It is good to buy at dips around 181.75-80 with SL around 180.85 for the TP of 183.20/184
The material has been provided by InstaForex Company – www.instaforex.com