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GBP/JPY breaks major trend line resistance 187.56 and a slight jump till 188.25/188.50 is possible.
- On the downside minor weakness only below 186.70 and break below targets 186.40/185.70.
- Overall bullish invalidation only below 185.40. Any break below 185.40 will drag the pair till 185/184.40
It is good to buy at dips around 185.50 with SL around 184.40 for the TP of 188.25/189
Resistance
R1-187.60
R2-188.25
R3- 189
Support
S1- 186.70
S2-186
S3-185.40
