GBP/JPY breaks major resistance at 161.58, targets 162.50/164

• Major resistance 161.58 (March 18th high)
   
• Minor support 160.80
   
• GBP/JPY breaks major resistance 161.58 and this confirms minor trend reversal and jump till 162.50/164 cannot be ruled out.
   
• On the lower side minor support is around 160.80 and break below targets 160.35/159.80
   
• Short term trend reversal only below 159.

It is good to buy at dips around 161.50-161.55 with SL around 160.80 for the TP of 162.50/164