GBP/JPY is retreating after making a top around 184.31. In one hour chart it is trading below Tenkan-Sen and Kijun-Sen which indicates slight weakness for the intraday.
Minor resistance is around 182.75. Any break above will target 183.20/183.78.
Intraday major support is around 181.85. Any indicative break below would extend loss to 181.10.
Recommendation: Sell GBP/JPY around 182.35-40, SL 182.75, Target 181.85/181.20.
Minor resistance is around 182.75. Any break above will target 183.20/183.78.
Intraday major support is around 181.85. Any indicative break below would extend loss to 181.10.
Recommendation: Sell GBP/JPY around 182.35-40, SL 182.75, Target 181.85/181.20.
