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FxWirePro: Buy GBP/JPY at dips around 181.85-90 with SL around 181.20 for the TP of 183.20/184

  • GBP/JPY has broken minor trend line resistance (trend line joining 182.52 and 181.89) and a slight jump till 182.60/183 cannot be ruled out.

  • Intraday minor resistance is around 182.70 and any break above targets 183.20/184.
  • On the downside minor support is around 181.20 and any break below will drag the pair further down till 180.90/180.60 in short term.

It is good to buy at dips around 181.85-90 with SL around 181.20 for the TP of 183.20/184

 

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