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Add as a preferred source on Google GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 GBPJPY is consolidating in a narrow range after forming a temporary top around 218. It hit an intraday high of 217.45; now it is about 217.43. Technicals CMP -217.43 Trend 4-hour Value 55 EMA 216.52 CMP >value Bullish 20…
By FxWirePro Team Jul 15, 2026, 4:55 AM UTC
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GBPJPY is consolidating in a narrow range after forming a temporary top around 218. It hit an intraday high of 217.45; now it is about 217.43.
Technicals
CMP -217.43
Trend
4-hour
Value
55 EMA
216.52
CMP >value
Bullish
200- EMA
215.18
CMP >value
Bullish
365- EMA
214.45
CMP >value
Bullish
Major support- 216.40/215.80/215/214.35/213.60/213/212.35/212. Major resistance 218/220.
Momentum indicator
Value
CCI(50)
54.26
Bullish
ADX
Neutral
It is good to buy on dips around 217 with SL around 216 for a TP of 220.
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