GBP/JPY breaks minor trend line resistance, targets 182.25
Major trend line resistance – 179.70 (trend line joining 181.22 and 179.91)
Any break above 179.70 confirms minor bullishness, a jump till 181.20/182.25 is possible .
On the downside trend reversal only below 178.90 level. Break below 178.90 will drag the pair down till 178.60/178.33.
The pair’s minor resistance is around 180.15 level.
It is good to buy at dips around 179.75-80 with SL around 178.90 for the TP of 181.20/182.25
Any break above 179.70 confirms minor bullishness, a jump till 181.20/182.25 is possible .
On the downside trend reversal only below 178.90 level. Break below 178.90 will drag the pair down till 178.60/178.33.
The pair’s minor resistance is around 180.15 level.
It is good to buy at dips around 179.75-80 with SL around 178.90 for the TP of 181.20/182.25