GBP/JPY struggles to break above 185 level, targets 182.80
GBP/JPY is facing strong resistance around 184.40 and any further bullishness only above that level. Any break above 184.40 will take the pair to next target 185/185.20 in short term.
On the downside minor intraday support is around 183.90 and nay break below targets 183.50/182.80 in short.
Overall bearish invalidation only above 185 level.
It is good to sell on rallies around 184.20-25 with SL around 184.90 for the TP of 183.51/182.90
On the downside minor intraday support is around 183.90 and nay break below targets 183.50/182.80 in short.
Overall bearish invalidation only above 185 level.
It is good to sell on rallies around 184.20-25 with SL around 184.90 for the TP of 183.51/182.90