Thursday, October 15, 2026

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GBPJPY Dips to 216.71 On Yen Strength: Buy the 217 Zone Targeting 220

GBPJPY pared some of its gains on the strong yen. It hits a low of 216.71; now it is about 217. Technicals CMP -217 Trend 60-min Value 55 EMA 217.29 CMP <value Bearish 200- EMA 216.28 CMP >value Bullish 365- EMA 214.87 C…

By FxWirePro Team
1 min read
GBPJPY Dips to 216.71 On Yen Strength: Buy the 217 Zone Targeting 220
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GBPJPY pared some of its gains on the strong yen.  It hits a low of  216.71; now it is about 217.

 

Technicals

CMP -217

Trend

60-min

Value

 

 

55 EMA

217.29

CMP <value

Bearish

200- EMA

216.28

CMP >value

Bullish

365- EMA

214.87

CMP >value

Bullish

 Major support- 217/216.40/215.80/215/214.35/213.60/213/212.35/212. Major resistance 218/220.

 

Momentum indicator

Value

 

CCI(50)

-85.97

Bearish

ADX

Neutral

 

 It is good to buy on dips around 217 with SL around 216 for a TP of 220.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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By FxWirePro Team