- GBP/JPY has made a high of 194.36 and declined till 192.88. It is currently trading at 193.53. Overall trend is bearish as long as resistance 194.35 holds.
- On the downside major support is around 192.60 and break below targets 192/190.55.The minor support is around 193.20/192.60.
- On the higher side minor resistance is around 194 and break above will take the pair till 194.35/195.
It is good to sell around 193.55-60 with SL around 194.35 192.60/192
The material has been provided by InstaForex Company – www.instaforex.com