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Short

GBP/JPY breaks short term trendline support at 193.6,targets 192

FX:GBPJPY   British Pound/Japanese Yen
160 0 3
GBP/JPY             has broken short term trend line support 193.60 which confirms short term bearishness, decline till 192.60/192 cannot be ruled out .

Intraday resistance is around 194.20 and any break above targets 194.60/195.25.

It is good to sell on rallies around 193.50-55 with SL around 194.20 for the TP of 192.60/192
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