- GBP/JPY is facing strong resistance around 184.40 and any further bullishness only above that level. Any break above 184.40 will take the pair to next target 185/185.20 in short term.
- On the downside minor intraday support is around 183.90 and nay break below targets 183.50/182.80 in short term.
- Overall bearish invalidation only above 185 level.It is good to sell on rallies around 184.20-25 with SL around 185 for the TP of 183.51/182.90
The material has been provided by InstaForex Company – www.instaforex.com