Friday, October 16, 2026

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FxWirePro: Buy GBP/JPYat dips around 184.20-25 with SL around 183.60 for the TP of 185.20/186

GBP/JPY breaks major trend line resistance around 184.20 which confirms short term bullishness , a jump till 185.20/186.40 cannot be ruled out. On the downside intra day weakness can be seen only below 183.65 and nay bre…

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

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GBP/JPY breaks major trend line resistance around 184.20 which confirms  short term bullishness , a jump till 185.20/186.40 cannot be ruled out.

  • On the downside intra day weakness can be seen only below 183.65 and nay break below targets 183.20/183.
     
  • Short term weakness only below 183.
     
  • The pair's minor resistance is around 184.40 and break above targets 185.20/186.


It is good to buy at dips around 184.20-25 with SL around 183.60 for the TP of 185.20/186

 

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By FxWirePro Team