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FxWirePro: Sell GBP/JPY on rallies around 182.75-80 with SL around 183.50 for the TP of 181.65/181

  • GBP/JPY has broken minor support 182.75 which confirms intraday weakness, a decline till 181.70 cannot be ruled out.

  • Intraday bullishness can be seen only above 183.50 and break above 183.20 will take the pair to 184/184.50.

  • Overall bullishness only above 184.50.

  • On the downside major support is around 181.60 and break below targets 181/180.55.

It is good to sell on rallies around 182.75-80 with SL around 183.50 for the TP of 181.65/181

 

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