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GBP/JPY struggles to close above 200 day 4HMA, decline till 184.30 is possible

Minor intraday support -184.97 Any break below 184.97 will drag the pair slightly down till 184.60/184.30. Overall trend reversal level 184.30 and below that it can reach till 183.80/183.40. On the higher side minor resi…

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GBP/JPY struggles to close above 200 day 4HMA, decline till 184.30 is possible
Image from the original EconoTimes article
  • Minor intraday support -184.97
     
  • Any break below 184.97 will drag the pair slightly down till 184.60/184.30.
     
  • Overall trend reversal level 184.30 and below that it can reach till 183.80/183.40.
     
  • On the higher side minor resistance is around 185.40 and break above targets 185.80/186. Major resistance is at 186.


It is good to sell around 184.95-185 with SL around 185.41 for the TP of 184.31/183.80

 

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