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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
