GBPJPY gained slightly after a minor profit-booking. It reaches an intraday low of 214.35; presently, it is around 215
|
Technicals |
CMP -214.76 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.38 |
CMP >value |
Bullish |
|
200- EMA |
213.79 |
CMP >value |
Bullish |
|
365- EMA |
213.19 |
CMP >value |
Bullish |
Major support- 2134.35/213.80/213.35/212.60/212/211.30/210.40/209.80. Major resistance 215.60/ 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
33.26 |
Bullish |
|
ADX |
Strength increased from 18.40 to 20.29 |
Bearish |
It is good to buy on dips around 214 with SL around 213 for a TP of 216/217.
