FxWirePro
Long

GBP/JPY faces strong support at 180.85, good to buy at dips

FX:GBPJPY   British Pound/Japanese Yen
367 0 12
GBP/JPY             has made a high of 183.04 and declined till 180.85 yesterday. It is currently trading at 181.68.

Overall trend is bullish as long as 180.85 holds. Any break below 180.85 will drag the pair further 180.35/180.

Intraday minor resistance is around 181.80 and any break above targets 183.20/184.

It is good to buy at dips around 181.75-80 with SL around 180.85 for the TP of 183.20/184
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