- GBP/JPY recovered after making a low of 182.12. It is currently trading around 183.32.
- The major intraday resistance is around 183.80 and any break above will take the pair till 184.25/184.60 level.
- Short term bearish invalidation only above 185.40.
- On the lower side minor support is around 182.50 and break below will drag the pair till 182/180 in short term.
It is good to sell on rallies around 183.75-80 with SL around 184.60 for the TP of 182/180.40
The material has been provided by InstaForex Company – www.instaforex.com