Thursday, October 15, 2026

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FxWirePro: GBP/JPY faces strong resistance around 184.25, good to sell on rallies

GBP/JPY recovered till 184.22 after making a low of 182.12. It is currently trading around 183.17. The major intraday resistance is around 183.80 and any break above will take the pair till 184.25/184.60 level. Short ter…

By Lis Howell
1 min read
FxWirePro: GBP/JPY faces strong resistance around 184.25, good to sell on rallies
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  • GBP/JPY recovered till 184.22 after making a low of 182.12. It is currently trading around 183.17.

  • The major intraday resistance is around 183.80 and any break above will take the pair till 184.25/184.60 level.

  • Short term bearish invalidation only above 185.40.

  • On the lower side minor support is around 182.50 and break below will drag the pair till 182/180 in short term.

It is good to sell on rallies around 183.75-80 with SL around 184.30 for the TP of 182/180.40

 

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By FxWirePro Team