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Major resistance - 152 (3 W EMA)
Major support - 145
- GBP/JPY have recovered after making a 3- year low at 145.38 yesterday and closed at 149.40. The pair should break above 152 for slight bullishness.
- On the higher side , any break above 152 will take the pair to next level till immediate 155/158.
- The pair's support is around 145 and any break below 145 will drag the pair till 143.95/140.40. The minor support is around 147.90/146.
It is good to sell on rallies around 153 with SL around 155 for the TP of 145.
