Thursday, October 15, 2026

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FxWirePro: Sell GBP/JPY on rallies 188.80-90 with SL around 190 for the TP of 186.60/185.90

GBP/JPY has recovered till 189.90 yesterday after making a low of 183.20. Overall trend is weak as long as resistance 190 holds. On the downside minor support is around 187.60 and any break below will drag the pair furth…

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

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  • GBP/JPY has recovered till 189.90 yesterday  after making a low of 183.20. Overall trend is weak as long as resistance 190 holds.

  • On the downside minor support is around 187.60 and any break below will drag the pair further down till 187/185.85.

  • The pair's minor resistance is around 188.20 and break above would extend gains till 189.20/190.

It is good to sell on rallies around 188.80-90 with SL around 190 for TP of 186.60/185.90

 

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By FxWirePro Team