GBPJPY pared some of its gains after a minor pullback. It reached an intraday low of 208.71; now it is about 208.93.
|
Technicals |
CMP -208.93 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
209.73 |
CMP <value |
Bearish |
|
200- EMA |
211.80 |
CMP >value |
Bearish |
|
365- EMA |
212.95 |
CMP >value |
Bearish |
Major support- 208/207/205. Major resistance: 209.70/210.20/211.60/212.66/213/214/215.
|
Momentum indicator |
Value |
|
|
CCI(50) |
Bearish |
-37 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 208.58-60 with SL around 209.50 for a TP of 207.
