GBP/JPY has halted its weakness for a while and has shown a jump till 146.25. The pair has broken major intraday resistance 145.85-145.90 (100- H MA and trend line resistance) for intra day bullishness. Any convincing br…
GBP/JPY has halted its weakness for a while and has shown a jump till 146.25. The pair has broken major intraday resistance 145.85-145.90 (100- H MA and trend line resistance) for intra day bullishness. Any convincing break above 146 will take the pair to next level till 146.52/146.80 (38.2% fib of 149.31 and 145.12)/147.20. Markets eyes super Thursday for further direction. It is trading around 146.25.
On the lower side, near term support is around 145 and any break below will take the pair to next level till 144.35/143.
It is good to buy on dips around 145.95-146 with SL around 145.50 for the TP 147.20.
