FxWirePro
Short

GBP/JPY forms shooting star , targets 184.95

FX:GBPJPY   British Pound/Japanese Yen
290 0 1
Candle stick pattern- Shooting star

GBP/JPY             has recovered till 187.24 after making a low of 184.25. The pair's major resistance is around 187.50 and any further bullishness only above 187.50.

Any break above 187.50 would extend gains yill 188/188.85.

On the downside minor support is around 186.40 and any break below will target 185.75/184.95.

It is good to sell on rallies around 186.90-95 with SL around 187.51 for the TP of 184.95

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