- GBP/JPY has made a high of 184.69 and declined from that level. It is currently trading at 183.46
- The pair has broken short term trend line support 183.90 (trend line joining 181.96 and 183) and which confirms short term weakness , a decline till 183/182.45 is possible .
- Intraday bullishness can be seen only above 184.05 and break above will take the pair to next level 184.70/185.20.
It is good to sell on rallies around 183.50-55 with SL around 184.10 for the TP of 183/182.50
