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GBP/JPY trades well above 185 level, jump till 187.45 is possible

GBP/JPY breaks major  resistance 185.30 and jumped till 185.59. It is currently trading at 185.30 above that level.

  • The pair's major resistance is around 185.60and any break above will take the pair to next targets 187/187.45 in short term.
     
  • On the downside minor support is around 184.40 and break below targets 183.90/183.40.

It is good to buy above 185.25-30 with SL around 184.40 for the TP of 187/187.45

 

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