GBP/JPY Trade Idea

• GBP/JPY recovered till 184.22 after making a low of 182.12. It is currently trading around 183.17.
  
  
• The major intraday resistance is around 183.80 and any break above will take the pair till 184.25/184.60 level.
  
  
• Short term bearish invalidation only above 185.40.
  
  
• On the lower side minor support is around 182.50 and break below will drag the pair till 182/180 in short term.

It is good to sell on rallies around 183.75-80 with SL around 184.30 for the TP of 182/180.40

R1-183.80

 R2-184.25

R3-184.60

Support

S1-182.50

S2-181.80

S3-181