Demand for the dollar pulled the pound sterling down, causing GBPJPY to lose most of its gains. Today hits an intraday low of 211.43; now it is trading at about 211.60.
|
Technicals |
CMP -211.60 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.29 |
CMP <value |
Bearish |
|
200- EMA |
213.44 |
CMP <value |
Bearish |
|
365- EMA |
212.74 |
CMP >value |
Bearsih |
Major support-211.30/210.40/209.80/209. Major resistance 212.50/213.60/ 214/214.50/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-202.80 |
|
ADX |
Bearish |
Strength increased from 28.37 to 36.57 |
It is good to sell on rallies around 212 with SL around 213 for a TP of 210.


FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro- Major Crypto levels and bias summary
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro- Woodies Pivot (Major)
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 



