- GBP/JPY has broken minor trend line resistance around 184.30 (trend line joining 184.85 and 184.68) which confirms short term bullishness , a jump till 185.20/185.98 cannot be ruled out .
- On the downside major support is around 183.50 and break below targets 183/182.50.
- The pair’s minor support is around 183.95.
It is good to buy at dips around 184.15-20 with SL around 183.50 for the TP of 185.20/185.98
The material has been provided by InstaForex Company – www.instaforex.com