Friday, October 16, 2026

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GBP/JPY breaks minor trendline resistance , targets 185.95

GBP/JPY has broken minor trend line resistance around 184.30 (trend line joining 184.85 and 184.68) which confirms short term bullishness , a jump till 185.20/185.98 cannot be ruled out . On the downside major support is…

By Lis Howell
1 min read
GBP/JPY breaks minor trendline resistance , targets 185.95
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  • GBP/JPY has broken minor trend line resistance around 184.30 (trend line joining 184.85 and 184.68) which confirms short term bullishness , a jump till 185.20/185.98 cannot be ruled out .

  • On the downside major support is around 183.50 and break below targets 183/182.50.

  • The pair's minor support is around 183.95.

It is good to buy at dips around 184.15-20 with SL around 183.50 for the TP of 185.20/185.98

 

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