Thursday, October 15, 2026

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FxWirePro: Sell GBP/JPY on rallies around 183.25-30 with SL around 183.70 for the TP of 182.60/182

GBP/JPY has broken trend line support around 183.40 which confirms short term weakness, a decline till 182.50/182 cannot ruled out. It has made a high of 184.12 and started to decline from that level. Further bullishness…

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

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  • GBP/JPY has broken trend line support around 183.40 which confirms short term weakness, a decline till 182.50/182 cannot ruled out.
     
  • It has made a high of 184.12 and started to decline from that level. Further bullishness only above 184.40.
     
  • The pair's minor resistance is around 183.65 and break above targets 184.10/184.40.

It is good to  sell on rallies around 183.25-30 with SL around 183.70 for the TP of 182.60/182

 

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