GBPJPY holds above the 215 level as pound sterling gains momentum. It reaches an intraday high of 215.23; presently it is around 215.21
|
Technicals |
CMP -215.21 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.49 |
CMP >value |
Bullish |
|
200- EMA |
213.84 |
CMP >value |
Bullish |
|
365- EMA |
213.25 |
CMP >value |
Bullish |
Major support- 214.35/213.80/213.35/212.60/212/211.30/210.40/209.80. Major resistance 215.60/ 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
92.62 |
Bullish |
|
ADX |
|
Neutral |
It is good to buy on dips around 214.68-70 with SL around 214 for a TP of 216/217.
