Friday, October 16, 2026

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FxWirePro: Buy GBP/JPY only above 185.65 with SL around 184.90 for the TP of 186.65/187.30

GBP/JPY major trend line resistance is around 185.65 and break above confirms short term bullishness, jump till 186.65/187.20 cannot be ruled out. It has formed temporary bottom around 184.20 and any weakness only below …

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

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  • GBP/JPY major trend line resistance is around 185.65 and break above confirms short term bullishness, jump till 186.65/187.20 cannot be ruled out.

  • It has formed temporary bottom around 184.20 and any weakness only below 184.20.

  • Intraday weakness only below 184.90 and break below will target 184.20.

It is good to buy only above 185.65 with SL around 184.90 for the TP of 186.65/187.30.

 

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By FxWirePro Team