GBPJPY has traded down since the pound sterling lost its glitter. It dropped to an intraday low of 212.95; now it is about 213.72.
|
Technicals |
CMP -213.72 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.40 |
CMP >value |
Bullish |
|
200- EMA |
213.88 |
CMP >value |
Bullish |
|
365- EMA |
213.29 |
CMP >value |
Bullish |
Major support-212.60/212/211.30/210.40/209.80. Major resistance 213.60/214.40/215/215.60/ 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
-169 |
Bearish |
|
ADX |
Strength increased form 16.15 to 20.24 |
Bearish |
It is good to sell on rallies around 213.60-65 with SL around 215 for a TP of 210.40.
