- Major resistance 161.58 (March 18th high)
- Minor support 160.80
- GBP/JPY breaks major resistance 161.58 and this confirms minor trend reversal and jump till 162.50/164 cannot be ruled out.
- On the lower side minor support is around 160.80 and break below targets 160.35/159.80
- Short term trend reversal only below 159.
It is good to buy at dips around 161.50-161.55 with SL around 160.80 for the TP of 162.50/164
