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GBP/JPY faces strong resistance at 185.30, break above targets 187/187.40

  • GBP/JPY faces strong resistance around 185.30 and overall trend reversal can happen above that level.
     
  • Any break above 185.30 targets 187/187.45 in short term.
     
  • On the downside minor support is around 184.40 and break below targets 183.90/183.40.

It is good to buy only above 185.30 with SL around 184.40 for the TP of 187/187.45

 

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