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GBP/JPY breaks minor trend line resistance targets 142.40/143

Major intraday resistance - 141.72 (trend line joining 142.21 and 141.86). Major support – 141.20 (trend line joining 139.93 and 140.35). The pair breaks major intraday resistance at 141.75 and jumped till 141.91 at the …

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GBP/JPY breaks minor trend line resistance targets 142.40/143
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  • Major intraday resistance - 141.72 (trend line joining 142.21 and 141.86).
     
  • Major support – 141.20 (trend line joining 139.93 and 140.35).
     
  • The pair breaks major intraday resistance at 141.75 and jumped till 141.91 at the time of writing. It is currently trading at 141.83.
     
  • Any break above 141.75 will take the pair to next level till 142.39/143.22.

It is good to buy on dips around 141.75 with SL around 141.20 for the TP of 143.05/143.29

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