Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

GBPJPY Pulls Back for Breath: Bulls See a Dip-Buying Opportunity Toward 217

`GBPJPY dropped a little in response to profit-taking. It plummeted to an intraday low of 214.49; now it is around 214.54. Technicals CMP -214.54 Trend 4- Hour chart Value 55 EMA 214.42 CMP >value Bullish 200- EMA 213.97…

By FxWirePro Team
1 min read
GBPJPY Pulls Back for Breath: Bulls See a Dip-Buying Opportunity Toward 217
Image from the original EconoTimes article

Read the original article

 

`GBPJPY dropped a little in response to profit-taking. It plummeted to an intraday low of 214.49; now it is around 214.54.

Technicals

CMP -214.54

Trend

4- Hour chart

Value

 

 

55 EMA

214.42

CMP >value

Bullish

200- EMA

213.97

CMP >value

Bullish

365- EMA

213.39

CMP >value

Bullish

 Major support-213.80/213/212.60/212/211.30/210.40/209.80. Major resistance 215.25/215.60/ 216/217/218.

 

Momentum indicator

Value

 

CCI(50)

8.65

Neutral

ADX

 

Neutral

 It is good to buy on dips around 214 with SL around 213 for a TP of 217.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team