After an extended consolidation, the GBPJPY pair breaks the important resistance of 210. Currently trading at 210.29, it has an intraday high of 210.73.
|
Technicals |
CMP -210.29 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
209.30 |
CMP > value |
Bullish |
|
200- EMA |
210.34 |
CMP >value |
Bullish |
|
365- EMA |
209.45 |
CMP >value |
Bullish |
Major support- 207.50/206.75/205. Major resistance - 210.75/211.60/212/214
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
above zero line (slightly bullish) |
342 |
|
ADX |
Bullish |
Strength increased from 14.44 to 16.40 |
It is good to buy on dips around 210 with SL around 207.65 for a TP of 214


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Major Pair levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



