Since Christmas Eve closes most of the markets, GBPJPY transactions are flat. As long as resistance 212 or support 210 persists, the intraday trend is neutral. It is trading around 210.56 as of publication and has reached an intraday low of 210.573.
Oscillators and moving averages to forecast the trend of GBPJPY
CMP- 210.576
EMA (1-hour chart)
55-EMA- 210.60
200-EMA- 209.38
365-EMA- 208.47. The pair trades below the short (55- EMA) and above the 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 - 211.55. Any break above confirms minor bullishness; a jump to 212/212.60 is possible.
Indicator (4-hour chart)
CCI (50)- bearish
Average directional movement Index- Neutral. All indicators confirm a mixed trend.
It is good to stay away from market.


FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 



