GBP/JPY breaks minor trend line resistance, targets 173.75

• Minor resistance - 170 (trend line joining 173.75 and 172.45)
   
• Major support -168.45 (trend line joining 171.03 and 170.02)
   
• The pair has broken minor intraday resistance 170 and jumped till 170.42 at the time of writing. Short term trend is slightly bullish as long as support 168.50 holds.
   
• On the higher side any break above 170 confirms minor bullishness , a jump till 172.50/173.75 is possible
   
• Any break below 168.50 will drag the pair till 166.90/165 in short term.

It is good to buy at dips around 170 with SL around 168.50 for the TP of 172.50/173.70.