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GBPJPY has been consolidating in a narrow range between 215.61 and 212.95 for the past five days. It dropped to a low of 212.95; now it is about 214.838.
|
Technicals |
CMP -214.838 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
214.46 |
CMP >value |
Bullish |
|
200- EMA |
214.01 |
CMP >value |
Bullish |
|
365- EMA |
213.43 |
CMP >value |
Bullish |
Major support-213.80/213/212.60/212/211.30/210.40/209.80. Major resistance 215.25/215.60/ 216/217/218.
|
Momentum indicator |
Value |
|
|
CCI(50) |
33.49 |
Bullish |
|
ADX |
|
Neutral |
It is good to buy on dips around 214.38-40 with SL around 213.80 for a TP of 216.
