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FxWirePro: Sell GBP/JPY on rallies around 185-185.10 with SL around 185.65 for the TP of 184.20/182.

GBP/JPY has made a low of 184.23 and slightly recovered from that level. overall trend is still weak as long as resistance 185.65 holds.

  • The pair recovered from low of 184.23 which was made yesterday till 184.90. the pair's minor resistance is around 185.
     
  • Any break above 186.65 will take the pair further up till 187.40/188. 
     
  • On the downside major support is around 184 and break below targets 182/180.55. 

It is good to sell on rallies around 185-185.10 with SL around 185.65 for the TP of 184.20/182. 

 

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