GBPJPY: With the cross remaining biased to the upside, further strength is envisaged. On the upside, resistance lies at the 187.00 level followed by the 188.00 level where a break will aim at the 189.00 level.
A cut through here will aim at the 190.50 level. On the downside, support comes in at the 185.50 level where a violation will aim at the 184.50 level. A break below here will target the 183.50 level followed by the 182.00 level.
Further down, support lies at the 181.50 level. All in all, the cross remains biased to the upside medium term.
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