GBP/JPY faces strong support around 193 ,targets 195

FX:GBPJPY   British Pound / Japanese Yen
205 2 3
GBP/JPY             retreated after making a high of 195.25.Overall trend is still bullish as long as support 193 holds.

Any break below 193 will drag the pair further down till 192/191 in short term.

It is good to buy at dips around 193.30-35 with SL around 192.95 for the TP of 194.50/195
Hi, I see that there is a support in this area since 2008 (mars and September) in weekly. Is this support as important as if it was a recent one? Just curious! Thanks for doing a great work.
very nice setup!
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