GBPJPY Intra day trade idea (US session)

Intraday bias - Weak

Technicals-

The pair is trading below 34- and 55 EMA in the hourly chart.

The near-term resistance is around 192.10, a breach above targets 192.60/193/193.40. The immediate support is at 191, any violation below will drag the pair to 190.

Indicator (hourly chart)

CCI (14)-  Bearish

CCI (50)- Bullish

Average directional movement Index - neutral. All indicators confirm a mixed trend.

It is good to sell on rallies around 192.02-05 with SL around 192.65 for a TP of 190.