GBP/JPY has halted its weakness for a while and has shown a jump till 145.88. The pair should break above 145.90 -146 (100- H MA and trend line resistance) for intra day bullishness. Any break above 146 will take the pai…
GBP/JPY has halted its weakness for a while and has shown a jump till 145.88. The pair should break above 145.90 -146 (100- H MA and trend line resistance) for intra day bullishness. Any break above 146 will take the pair to next level till 146.26 (200- H MA)/146.52/146.80 (38.2% fib of 149.31 and 145.12)/147.20. Markets eyes super Thursday for further direction. It is trading around 145.78.
On the lower side, near term support is around 145 and any break below will take the pair to next level till 144.35/143.
It is good to buy above 146 with SL around 145.50 for the TP 147.20.
