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GBP/JPY struggles to break above 185 level, targets 182.80

GBP/JPY is facing strong resistance around 184.40 and any further bullishness only above that level. Any break above 184.40 will take the pair to next target 185/185.20 in short term. On the downside minor intraday suppo…

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GBP/JPY struggles to break above 185 level, targets 182.80
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  • GBP/JPY is facing strong resistance around 184.40 and any further bullishness only above that level. Any break above 184.40 will take the pair to next target 185/185.20 in short term.
     
  • On the downside minor intraday support is around 183.90 and nay break below targets 183.50/182.80 in short term.
     
  • Overall bearish invalidation only above 185 level.

    It is good to sell on rallies around 184.20-25 with SL around  185 for the TP of 183.51/182.90          

 

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