GBP/JPY takes support at 193, jump till 195 is possible

FX:GBPJPY   British Pound / Japanese Yen
165 0 3
Potential reversal zone (PRZ) - 193

GBP/JPY             retreated after making a high of 195.25.Overall trend is still bullish as long as support 193 holds.

Any break below 193 will drag the pair further down till 192/191 in short term.

On the higher side GBP/JPY             is facing short term resistance around 194.20 and any break above will target 195/195.25.

It is good to buy at dips around 193.50 with SL around 192.95 for the TP of 194.50/195
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