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![](https://www.pinterest.com/pin/create/button/?url=https://econotimes.com/GBPJPYs-Fade-After-the-Peak-Pullback-From-20688-Low--Sell-Rallies-at-20878-80-Target-207-1753545/&media=https://f1.econotimes.com/2026/09/3bd604m8k7.png&description=GBPJPY's Fade After the Peak": Pullback From 206.88 Low — Sell Rallies at 208.78-80, Target 207 - EconoTimes)
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GBPJPY pared some of its gains after a minor pullback.It reached an intraday low of 206.88; now it is about 208.70.
|
Technicals |
CMP -208.70 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
208.31 |
CMP >value |
Bearish |
|
200- EMA |
208.97 |
CMP >value |
Bearish |
|
365- EMA |
209.58 |
CMP >value |
Bearish |
Major support- 208/207/205. Major resistance: 209/209.70/210.20/211.60/212.66/213/214/215.
|
Momentum indicator |
Value |
|
|
CCI(50) |
Bullish |
103.64 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 208.78-80 with SL around 209.70 for a TP of 207.
