FxWirePro
Short

GBP/JPY struggles to close above 185, good to sell on rallies

FX:GBPJPY   British Pound / Japanese Yen
335 1 5
GBP/JPY             has slightly recovered till 184.90 after breaking major support 184.30. Overall trend is still weak as long as resistance 185 ( trend line joining 185.77 and 185.31) holds.

Any break above 185 will take the pair to next level 185.60/186.

Major trend reversal only above 186 .

It is good to sell on rallies around 184.45-50 with SL around 185.05 for the TP of 183.80/183
Agree with the analysis, even though this pair is consolidated and, therefore, not so good to trade.
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