GBPJPY pared some of its gains due to profit booking. It hit a high of 219.61this week ; now it is around 218.07.
|
Technicals |
CMP -218.07 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
217.42 |
CMP >value |
Bullish |
|
200- EMA |
215.66 |
CMP >value |
Bullish |
|
365- EMA |
214.78 |
CMP >value |
Bullish |
Major support- 217.90/217.20/216.40/215.80/215. Major resistance 220.20/223/225.97.
|
Momentum indicator |
Value |
|
|
CCI(50) |
88.96 |
Bullish |
|
ADX |
|
Neutral |
It is good to buy on dips around 217.90, with an SL around 217, for a TP of 220.15/223.
