GBP/JPY breaks major trend line resistance, targets 163.95

• Major resistance - 160.65 (trend line joining 167.63 and 166.08)
  
  
• Major support - 160
  
  
• The pair has recovered after making a low of 160. It is currently trading at 161.11.
  
  
• On the higher side any break above 160.65 will take the pair to next level 162/163.95 ins short term.
  
  
• The pair's major support is around 160 and break below targets 159.25/158.50
  
  
• Short term bearish invalidation only above 164.

It is good to buy 161-161.10 with SL around 160 for the TP of 162.70/163.95