- 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 185 for the TP of 183.51/182.90
Resistance
R1- 184.60
R2-185.20
R3- 186
Support
S1-183.90
S2-183.50
S3-182.80
