GBPJPY Trde Idea

Major trend line resistance - 179.70 (trend line joining 181.22 and 179.91)
Any break above 179.70 confirms minor bullishness, a jump till 181.20/182.25 is possible .
On the downside trend reversal only below 178.90 level. Break below 178.90 will drag the pair down till 178.60/178.33.
The pair's minor resistance is around 180.15 level.

It is good to buy at dips around 179.75-80 with SL around 178.90 for the TP of 181.20/182.25
R1-180.15
 R2-181.22
R3-182.25
Support
S1-178.90
S2-178.60
S3- 178.30

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