Thursday, October 15, 2026

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GBP/JPY faces major trend line resistance at 186.25,break above targets 187

Major trend line resistance - 186.25 (trend line joining 185.77 and 186.02) Any break above 186.20 will take the pair to next level 187/188 in short term. On the lower side minor support is around 185.70 and any break be…

By Lis Howell
1 min read
GBP/JPY faces major trend line resistance at 186.25,break above targets 187
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  • Major trend line resistance - 186.25 (trend line joining 185.77 and 186.02)
     
  • Any break above 186.20 will take the pair to next level 187/188 in short term.
     
  • On the lower side minor support is around 185.70 and any break below will targets 185.45/185.
     
  • Short term  bullish invalidation only below 185


It is good to buy above 186.25 with SL around 185.65 for the TP of 187/188

 

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