GBP/JPY faces strong resistance 187.70, sell on rallies

FX:GBPJPY   British Pound / Japanese Yen
242 0 4
Potential Reversal Zone (PRZ) -187.70

GBP/JPY             has made a high of 187.48 at the time writing and slightly declined from that level.

Further bullishness can be seen only above 187.70 and break above targets 188.25/189 .

On the downside minor support is around 187 and break below targets 186.40/185.70

It is good to sell on rallies around 187.35-40 with SL around 188 for the TP of 186.40/185.70/185.40.
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