• GBP/JPY has made a low of 185.80 yesterday and recovered till 186.60. Short term trend is bullish as long as support 185.70.
  • The pair’s minor support is around 185.70 and break below targets 185.20/184.75/184.30.
  • On the higher side minor resistance is around 186.30 and break above targets 186.70/ 187/187.70.

It is good to buy  around 186.30 with SL around 185.70 for the TP of 187/187.50

 
The material has been provided by InstaForex Company – www.instaforex.com