GBPJPY Sideways, Beware Area 188.80 or 185.00

GBPJPY Sideways, Beware Area 188.80 or 185.00 - Bias for GBPJPY still tend sideways movement with the potential movement seen among 185.00 area (MA 100) - 188.80 (MA 200) in the 4 hours chart, it is necessary to penetrate one side to get further instructions.

To the downside, before aiming to 185.00 area, the price must first penetrate the 185.90 area, if price able to penetrate to the bottom area of 185.00 and 185.90, the price get the momentum for further bearish movement towards 183.30 area. To the upside, resistance levels closest seen in the area of 187.30, right through to the top of the region the price can move further bullish heading to an area of 188.80, breaking through to the top of the area 188.80 price get the momentum for further bullish heading to an area of strong resistance at 190.00.

Resistance levels: 187.30, 188.80, 190.00

Support levels: 185.90, 185.00, 183.30