On the upside any break above will target 179.28/180.10 in short term. The minor resistance is around 178.20.
The pair’s minor support is around 177.27 (cloud bottom) and any break below will drag the pair further down till 176.35/175.85.
Indicators (4 Hour chart)
(14) – Neutral
(50) – Buy
We prefer to Sell GBP/JPY around 178 with stop around 178.85 for the target of 176.40.