GBPJPY trades higher for the third consecutive week on board-based Pound sterling buying. It reached an intraday high of 214.88; presently, it is around 214.76.
|
Technicals |
CMP -214.76 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.935 |
CMP <value |
Bullish |
|
200- EMA |
213.597 |
CMP >value |
Bullish |
|
365- EMA |
213.03 |
CMP >value |
Bullish |
Major support-212.60/212/211.30/210.40/209.80/209. Major resistance 214.50/215/ 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
133.06 |
Bullish |
|
ADX |
Neutral |
|
It is good to buy on dips around 214 with SL around 213 for a TP of 216/217.
