GBPJPY: The cross is seen following through higher on the back of its Monday gains suggesting further bullishness in the days ahead. On the upside, resistance lies at the 185.00 level followed by the 186.00 level where a break will aim at the 187.00 level.
A cut through here will turn attention to the 187.00 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, support comes in at the 184.00 level where a violation will aim at the 183.00 level.
A break below here will target the 182.00 level followed by the 181.00 level. Further down, support lies at the 180.00 level. All in all, the cross remains biased to the upside short term.
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