FxWirePro

GBP/JPY breaks major trend line resistance, targets 185.20

Long
FX:GBPJPY   British Pound / Japanese Yen
13
GBP/JPY breaks major trend line resistance around 184.20 which confirms short term bullishness , a jump till 185.20/186.40 cannot be ruled out .

On the downside intra day weakness can be seen only below 183.65 and nay break below targets 183.20/183.

Short term weakness only below 183.

The pair's minor resistance is around 184.40 and break above targets 185.20/186.

It is good to buy at dips around 184.20-25 with SL around 183.60 for the TP of 185.20/186
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.