• GBP/JPY has made a low of 191.80 and recovered till 193 yesterday. Overall trend is weak as long as resistance 193.50 holds.
  • On the lower side minor support is around 192.15 and break below will drag the pair further down till 191.80/191.30.

It is good to sell on rallies around 192.80 with SL around 193.51 for the TP of 191.32.

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