GBP/JPY faces strong trend line resistance at 160.90, break above targets 163.95

• Major resistance - 160.90 (trend line joining 167.63 and 166.08)
   
• Major support - 159.25
   
• The pair has slightly retreated after making a high of 161 at the time of writing. It is currently trading at 160.73.
   
• On the higher side any break above 160.90 will take the pair to next level 162/163.95 in short term.
   
• The pair's minor support is around 160 and break below targets 159.25/158.50
   
• Short term bearish invalidation only above 164.

It is good to buy above 160.90 with SL around 159.80 for the TP of 162/163.95