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FxWirePro
Oct 19, 2015 11:24 AM

GBP/JPY faces strong resistance at 185.3,break above targets 187 Long

British Pound/Japanese YenFXCM

Description

GBP/JPY faces strong resistance around 185.30 and overall trend reversal can happen above that level.

Any break above 185.30 targets 187/187.45 in short term.

On the downside minor support is around 184.40 and break below targets 183.90/183.40.

It is good to buy only above 185.30 with SL around 184.40 for the TP of 187/187.45
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