GBP/JPY trades well above 200 day MA, targets 187.45/188
GBP/JPY breaks and trades well above 200 day MA and also above major resistance 185.60.So overall trend is bullish a jump till 187.45/188.26 level.
On the downside minor support is around 185.30 and any break below targets 18475/184.40.
Overall weakness only below 184.40.
It is good to buy at dips around 185.65-70 with SL around 184.40 for the TP of 187.45/188.25
On the downside minor support is around 185.30 and any break below targets 18475/184.40.
Overall weakness only below 184.40.
It is good to buy at dips around 185.65-70 with SL around 184.40 for the TP of 187.45/188.25