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GBP/JPY has broken minor support 182.75 which confirms intraday weakness, a decline till 181.70 cannot be ruled out.
- Intraday bullishness can be seen only above 183.50 and break above 183.20 will take the pair to 184/184.50.
- Overall bullishness only above 184.50.
- On the downside major support is around 181.60 and break below targets 181/180.55.
It is good to sell on rallies around 183-183.10 with SL around 183.60 for the TP of 181.65/181
Resistance
R1- 183.50
R2-184
R3- 184.55
Support
S1-182.50
S2-181.60
S3-181
