Thursday, October 15, 2026

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FxWirePro: Buy GBP/JPY at dips around 184.55-60 with SL around 183.90 for the TP of 185.20/186

GBP/JPY is trading near trend line resistance 184.60 (trend line joining 188.26 and 184.85) and break above targets 185.20/185.40/186. On the downside major support is around 183.90 and break below targets 183.40/183. Ov…

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

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  • GBP/JPY is trading near trend line resistance 184.60 (trend line joining 188.26 and 184.85) and break above targets 185.20/185.40/186.

  • On the downside major support is around 183.90 and break below targets 183.40/183.

  • Overall bullish invalidation only below 183.

  • The pair's major resistance is around 185.20 and break above will take the pair to next level 186.

It is good to buy at dips around 184.55-60 with SL around 183.90 for the TP of 185.20/186

 

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By FxWirePro Team