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Add as a preferred source on Google GBP/JPY Breakdown: Bears Target 207.60 as Major Moving Averages Cap Recovery Attempts GBPJPY has declined once again after a minor jump above 211. It is now trading around 209.66 after reaching an intraday low of 209.57. Technicals CMP -209.57 Trend 4- Hour chart Value 55 EMA 210.22 CMP <value Bearish 200…
By FxWirePro Team Mar 3, 2026, 9:20 AM UTC
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GBPJPY has declined once again after a minor jump above 211. It is now trading around 209.66 after reaching an intraday low of 209.57.
Technicals
CMP -209.57
Trend
4- Hour chart
Value
55 EMA
210.22
CMP <value
Bearish
200- EMA
210.44
CMP < value
Bearish
365- EMA
210.19
CMP <value
Bearish
Major support- 209.35/208. Major resistance - 212/213.15/214.
Momentum indicator
Inference
Value
CCI(50)
Neutral
ADX
Neutral
It is good to sell on rallies around 210.28-30 with SL around 211.35 for a TP of 207.60
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