- GBP/JPY breaks major trend line resistance around 184.20 which confirms short term bullishness , a jump till 185.20/186.40 cannot be ruled out .
- On the downside intra day weakness can be seen only below 183.65 and nay break below targets 183.20/183.
- Short term weakness only below 183.
- The pair’s minor resistance is around 184.40 and break above targets 185.20/186.
It is good to buy at dips around 184.20-25 with SL around 183.60 for the TP of 185.20/186
The material has been provided by InstaForex Company – www.instaforex.com