- GBP/JPY has formed temporary top around 195.85 and any further bullishness can be seen only above 195.85.
- Above 195.85 it can reach till 196.55 level.
- On the down side minor support is around 194.80 and break below will drag the pair further down till 194.50/194.30. Major support is at 194.15 level.
It is good to sell on rallies around 195.45 with SL around 195.90 for the TP of 194.55
The material has been provided by InstaForex Company – www.instaforex.com