FxWirePro
Long

GBP/JPY faces resistance at 166.67, break above targets 169

FX:GBPJPY   British Pound/Japanese Yen
244 0 6
Minor resistance -166.60 ( trend line joining 167.18 and 166.91)

Minor support - 165.30 ( trend line joining 164.79 and 165.27)

The pair faces strong minor resistance around 166.67 and break above targets 169/170.63.

Overall bearish invalidation only above 171.

Any break above 171 will take the pair till 172.50/173.75.

On the lower side minor support is around 165.30 and break below targets 164.50/164.

It is good to buy only above 166.60 with SL around 165.30 for the TP of 169/170.60
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