Friday, October 16, 2026

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FxWirePro: Buy GBP/JPY at dips around 182.40-45 with SL around 181.60 for the TP of 183.20/184

GBP/JPY has recovered after making a low of 180.66 on Friday. It is currently trading at 182.50. Overall trend is still bullish as long as support 180.50 holds. Intraday weakness can be seen only below 181.60. On the dow…

By Lis Howell
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • GBP/JPY  has recovered after making a low of 180.66 on Friday. It is currently trading at  182.50. Overall trend is still bullish as long as support 180.50 holds.

  • Intraday weakness can be seen only below 181.60. On the downside any break below 181.60 will drag the pair further down till 181/180.50.

  • The pair's minor resistance is around 182.60 and break above targets 183.20/184.

It is good to buy at dips around 182.40-45 with SL around 181.60 for the TP of 183.20/184

 

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By FxWirePro Team