Thursday, October 15, 2026

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FxWirePro: Buy GBP/JPY around 194-194.05 with SL around 193.38 for the TP of 195.80

GBP/JPY is trading in narrow range 195 and 193.40. Intraday trend is still bullish as long as support 193.40 holds. Any break below 193.40 will drag the pair further down till 193/191.95 in short term. The pair's major r…

By Lis Howell
Updated 1 min read
FxWirePro: Buy GBP/JPY around 194-194.05 with SL around 193.38 for the TP of 195.80
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GBP/JPY is trading in narrow range 195 and 193.40. Intraday trend is still bullish as long as support 193.40 holds.

  • Any break below 193.40 will drag the pair further down till 193/191.95 in short term.
  • The pair's major resistance is around 194.85 and any break above confirms trend line break out, a jump till 195.85 is possible .

It is good to buy at dips around 194.05-194.10 with SL around 193.38 for the TP of 195.80

 

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