Yesterday's best performers were GBPJPY as the Pound sterling picks up speed against USD, thanks to policy divergence between the Fed and the BOE. Yesterday it hit a high of 219.61; now it is around 219.02.
|
Technicals |
CMP -219.02 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
218.31 |
CMP >value |
Bullish |
|
200- EMA |
217.20 |
CMP >value |
Bullish |
|
365- EMA |
216.46 |
CMP >value |
Bullish |
Major support- 218.80/218/217.20/216.40/215.80/215. Major resistance 220.20/223/225.97.
|
Momentum indicator |
Value |
|
|
CCI(50) |
70.27 |
Bullish |
|
ADX |
|
Neutral |
It is good to buy on dips around 218.20-22 with SL around 217 for a TP of 220.15/223.


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