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With board-based yen selling, GBPJPY rose over 211.50. Having reached an intraday high of 211.58, it is presently trading around 211.52.
|
Technicals |
CMP -211.53 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
210.36 |
CMP> value |
Bullish |
|
200- EMA |
210.42 |
CMP > value |
Bullish |
|
365- EMA |
209.73 |
CMP > value |
Bullish |
Major support- 211/210.70/210/209.48/208. Major resistance - 212/213.15/214
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
93 |
|
ADX |
Neutral |
|
It is good to buy on dips around 210.78-80 with SL around 210 for a TP of 214.
