- GBP/JPY has broken short term resistance around 185.45 and jumped till 186.43. It is currently trading at 185.17
- Intraday weakness only below 184 and any break below will drag the pair further down till 183.49/183 in short term
- On the higher side major resistance is around 186.50 and any break above would extend gains till 187.10/188.
It is good to buy at dips around 185 with SL around 184 for the TP of 187.10/188
The material has been provided by InstaForex Company – www.instaforex.com