GBPJPY trades marginally negative as poor UK CPI raises BOE's rate cut possibilities. It reaches an intraday low of 217.83; now it is about 217.95.
|
Technicals |
CMP -217.96 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
218.28 |
CMP <value |
Bearish |
|
200- EMA |
217.93 |
CMP >value |
Bullish |
|
365- EMA |
217.25 |
CMP >value |
Bullish |
Major support- 217.50/217.20/216.40/215.80/215. Major resistance 218.35/218.80/219060/220/223/225.97.
|
Momentum indicator |
Value |
|
|
CCI(50) |
-161.75 |
Bearish |
|
ADX |
Strength increased from 12.68 to 17.94 |
Bearish |
It is good to sell below 217.80 with SL around 218.40 for a TP of 216.40/216.


FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm
FxWirePro :USD/JPY drifts above 162 as range trading persists
Major Pairs Action Bias: NZDUSD Turns Extremely Bullish as EURUSD Stays Bearish – AUDUSD Emerges as Key Bullish Pair to Watch
FxWirePro: AUD/USD better risk puts bulls back in charge
FxWirePro- Woodies pivot (Major)
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro: EUR/NZD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro: NZD/USD rallies as NZ inflation hits 2-1/2-year high
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 



