As demand for dollar rose, GBPJPY erased some of its gains as pound sterling lost its momentum. It reaches an intraday low of 213.33; presently it is around 213.64.
|
Technicals |
CMP -213.64 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.77 |
CMP <value |
Bearish |
|
200- EMA |
213.51 |
CMP >value |
Bullish |
|
365- EMA |
212.95 |
CMP >value |
Bullish |
Major support-212.60/212/211.30/210.40/209.80/209. Major resistance 214.50/215/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to buy on dips around 213 with SL around 212 for a TP of 216/217.
