GBP/JPY breaks minor resistance around 181.80, targets 183.20

GBP/JPY has broken minor trend line resistance (trend line joining 182.52 and 181.89) and a slight jump till 182.60/183 cannot be ruled out.

Intraday minor resistance is around 182.70 and any break above targets 183.20/184.

On the downside minor support is around 181.20 and any break below will drag the pair further down till 180.90/180.60 in short term.

It is good to buy at dips around 181.85-90 with SL around 181.20 for the TP of 183.20/184