GBP/JPY Trade idea

GBP/JPY breaks and trades well above 200 day MA and also above major resistance 185. overall trend is bullish a jump till 187.45/188.26 level.

• On the downside minor support is around 185.30 and any break below targets 184.75/184.40.
   
• Overall weakness only below 184.40.

It is good to buy at dips around 185.65-70 with SL around 184.40 for the TP of 187.45/188.25

Resistance

R1- 186.20

R2-187.45

R3- 188.25

Support

S1-185.30

S2-184.75

S3-184.40