FxWirePro
Long

GBP/JPY faces strong resistance at 183.2,break above targets 185

FX:GBPJPY   British Pound/Japanese Yen
369 1 8
GBP/JPY             has made a high of 183.20 and slightly declined from that level. It is currently trading at 182.68.

The pair is facing strong resistance around 183.20 and any further bullishness can be seen only above that level. Any break above 183.20 will take the pair to 184.40/185 in short term .

On the downside major intraday support is around 182.20 and any break below targets 181.60/181.

The minor support is around 182.50.

It is good to buy only above 183.20 with SL around 182.50 for the TP of 184.40/185.
I took this trade but foolishly too soon, Placing my order at 183.090. The resistance at 183 is strong indeed, let's see if it breaks it, the general trend is up though on the daily scale?
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