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FxWirePro: Buy GBP/JPY at dips around 182.40-45 with SL around 181.60 for the TP of 183.20/184

  • GBP/JPY  has recovered after making a low of 180.66 on Friday. It is currently trading at  182.50. Overall trend is still bullish as long as support 180.50 holds.

  • Intraday weakness can be seen only below 181.60. On the downside any break below 181.60 will drag the pair further down till 181/180.50.

  • The pair's minor resistance is around 182.60 and break above targets 183.20/184.

It is good to buy at dips around 182.40-45 with SL around 181.60 for the TP of 183.20/184

 

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