Major support - 144.13
GBPJPY has once gain shown a minor recovery after hitting low of 144.20. The pair made low of 144.13 on Mar 21st 2019 and shown a jump till 146.51 level. Yesterday it declined below 200- day MA at 144.65 and closed well below that level. The Brexit uncertainty is putting pressure on this pair. It is currently trading around 144.75.
The near term resistance is around 145.36 and any violation above will take the pair till 145.90 (300- H EMA)/146.50. Any major bullishness only above that level.
On the lower side near term support is around 144.13 and below that level targets 143.75/143.
It is good to sell on rallies around 144.85-90 with SL around 145.35 for the TP of 143.75
