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FxWirePro
Oct 9, 2015 2:26 AM

GBP/JPY breaks major trend line resistance, targets 185.20 Long

British Pound/Japanese YenFXCM

Description

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
Comments
nick1
profit booked sir thank you
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