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GBP/JPY breaks major resistance 185.30, targets 187/187.45

GBP/JPY faces strong resistance around 185.30 and overall trend reversal can happen above that level. Any break above 185.30 targets 187/187.45 in short term. On the downside minor support is around 184.40 and break belo…

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GBP/JPY breaks major resistance 185.30, targets 187/187.45
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  • GBP/JPY faces strong resistance around 185.30 and overall trend reversal can happen above that level.

  • Any break above 185.30 targets 187/187.45 in short term.

  • On the downside minor support is around 184.40 and break below targets 183.90/183.40.

It is good to buy above 185.30-35 with SL around 184.40 for the TP of 187/187.45

 

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