GBPJPY trades below 212 as Pound sterling declined sharply due to geopolitical tensions. At 2121.58, it reaches an intraday low; now trading around 212.28.
|
Technicals |
CMP -212.23 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
212.15 |
CMP >value |
Bullish |
|
200- EMA |
211.92 |
CMP >value |
Bullish |
|
365- EMA |
211.61 |
CMP >value |
Bullish |
Major support- 211.50/210.70/210/209.48/208. Major resistance - 212/212.40/213.15/214/215.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
-30.49 |
|
ADX |
Neutral |
|
It is good to buy on dips around 212, with SL at 210.80, for a TP of 215.
