GBPJPY- Buy on dips
GBPJPY breaks significant resistance at 160.25 after a lot of consolidation. A jump to 132.50/133 is possible. Minor supports are 159.80/159/158.50.
It is good to buy on dips around 160.38-40 with SL around 159.80 for TP of 162
It is good to buy on dips around 160.38-40 with SL around 159.80 for TP of 162
Note
GBPJPY gained sharply, any breach above 161.20 confirms further bullishness
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.