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FxWirePro: Buy GBP/JPY at dips around 185 with SL around 184 for the TP of 187.10/188

  • GBP/JPY has broken short term resistance around 185.45 and jumped till 186.43. It is currently trading at 185.17 

  • Intraday weakness only below 184 and any break below will drag the pair further down till 183.49/183 in short term

  • On the higher side major resistance is around 186.50 and any break above would extend gains till 187.10/188. 

It is good to buy at dips around 185 with SL around 184 for the TP of 187.10/188 

 

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