GBPJPY trades higher for second consecutive days after a minor consolidation. It reached an high of 216.15; now it is about 216.02.
|
Technicals |
CMP -216.02 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
214.85 |
CMP >value |
Bullish |
|
200- EMA |
215.30 |
CMP >value |
Bullish |
|
365- EMA |
215.06 |
CMP >value |
Bullish |
Major support- 215.30/214.70/213.75/213/212/211.60/210. Major resistance: 216.35/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
102.71 |
Bullish |
|
ADX |
|
Neutral |
It is good to buy on dips around 215.48-50 with SL around 214.50 for a TP of 217.
