GBPJPY Chart Technical Outlook holds within an Expending Wedge, dip buying favored
Mixed and volatile trading has resulted in an expanding wedge pattern being posted on the intraday chart. On a move through the trend of lower highs at 187.99, the measured move target is 188.92.
With bespoke support at 184.93-86 being close to the wedge base at 184.68, the favored stance would be to buy on dips within this zone.