GBP/JPY breaks short term trend line support 192.97 and slightly recovering from that level.
- Intraday trend is bullish as long a support 192.70 holds. Any break below 192.70 will drag the pair further down till 192/191.
- On the higher side minor resistance is around 193.50 and break above would extend gains till 194.25/194.60.
It is good to buy around 192.30 with SL around 191 for the TP of 193.80/194.25
Resistance
R1- 193.50
R2-194.25
R3- 194.60
Support
S1-192.70
S2-191.95
S3-190.60
