Major intraday resistance- 145.65.
GBPJPY holds steady above 145 on account of slight jump in pound sterling.UK PM Theresa May will be meeting German Chancellor Merkel in Berlin and French Emmanuel Macron in Paris to get support for Brexit delay till Jun 30th.UK currently to leave the EU at 23:00 BST on Friday. It hits low of 145.45 and shown a minor recovery. It is currently trading around 145.67. GBP is expected to trade highly volatile on account of Brexit uncertainty.
On the higher side, near term resistance is around 145.85 (trend line resistance) and any break above targets 146.54/147.20. Any bullish continuation only above 147.20.
The near term support is around 145 and nay violation below will take the pair till 144.60 (200- day MNA). Any daily close below 200-day MA confirms further weakness , a dip till 144.13/143.65 likely.
It is good to buy above 145.65 with SL around 145 for the 146.55/147.15.
