GBPJPY Intra day trade idea (US session)

GBPJPY has taken support near 34 H EMA and showed a minor pullback.  It hit a high of 191.81 at the time of writing and is currently trading around 191.55.

Technicals-

The pair trades above 34- and 55 EMA in the hourly chart.

The near-term resistance is around 192, a breach above targets 193.08/194. The immediate support is at 191, any violation below will drag the pair to 190.50/190/189.48/188.90.

Indicator (hourly chart)

CCI (14)-  Bullish

CCI (50)- Bullish

Average directional movement Index - Neutral (strength below 20). All indicators confirm a mild bullish trend.

It is good to buy on dips around 191 with SL around 190.40 for TP of 192./192.70.