GBPJPY trades higher after taking support near the 210 level. As long as support 210 holds, the intraday trend is bullish. It is trading around 211.436, as of publication, and has reached an intraday high of 211.438.
Oscillators and moving averages to forecast the trend of GBPJPY
CMP- 211.42
EMA (4-hour chart)
55-EMA- 210.30
200-EMA- 207.76
365-EMA- 205.57. The pair trades above the short (55- EMA) and long-term moving average(365 EMA and below 200 EMA).
Major Support- 210. Any breach below will drag the pair down 209.70/209/208.60/207.95/207.20/206.75.
Major resistance - 211.60. Any break above confirms minor bullishness, a jump to 212/212.60/213 is possible.
Indicator (4-hour chart)
CCI (50)- Bullish
Average directional movement Index- Neutral. All indicators confirm a neutral trend.
It is good to buy on dips around 210 with SL around 209 for a TP of 212.


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
NZDJPY Outlook: Sell the Rallies as Downtrend Persists Below 91.50
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
AUD/JPY Holds Steady with Bullish Undertones: Buy the Dips Targeting 107
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD bears regain grip as greenback firms
FxWirePro: GBP/NZD sustains gains as uptrend remains strong
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: USD/CAD trends higher, but faces potential pitfalls
Ethereum Coils in Tight Range: Bullish Signals Emerge – Buy Dips Targeting $3600
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: USD/JPY holds narrow range,focus on near-term support
AUDJPY Holds Steady on New Year's Eve Lull: Bullish Bias Intact Above 103.80 – Buy Dips Targeting 107
FxWirePro: USD/ZAR remains weak, eyes 23.6%fib support
FxWirePro:AUD/USD attracts selling interest, could be on verge of a bigger drop
GBPJPY Coiled in Tight Range: Bullish Bias Holds Above 210 – Buy Dips Targeting 212 Breakout 



