GBPJPY trades higher after taking support near the 210 level. As long as support 210 holds, the intraday trend is bullish. It is trading around 211.436, as of publication, and has reached an intraday high of 211.438.
Oscillators and moving averages to forecast the trend of GBPJPY
CMP- 211.42
EMA (4-hour chart)
55-EMA- 210.30
200-EMA- 207.76
365-EMA- 205.57. The pair trades above the short (55- EMA) and long-term moving average(365 EMA and below 200 EMA).
Major Support- 210. Any breach below will drag the pair down 209.70/209/208.60/207.95/207.20/206.75.
Major resistance - 211.60. Any break above confirms minor bullishness, a jump to 212/212.60/213 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Neutral. All indicators confirm a neutral trend.
It is good to buy on dips around 210 with SL around 209 for a TP of 212.


FxWirePro: USD/JPY edges higher but bulls lack punch
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Major Pair levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 



