GBPJPY gained above the 206 level on the back of the Pound sterling buying. Intraday trend is bullish as long as support 205 holds. At the time of writing, it reached a low of 206.37 and is now trading about 206.614.
Oscillators and moving averages to forecast the trend of GBPJPY
CMP- 206.45
EMA (one-hour chart)
55-EMA- 205.67
200-EMA- 203.88
365-EMA- 202.57. The pair trades above the short (55- EMA) and long-term moving average(365 EMA and below 200 EMA).
Major Support- 205.60. Any breach below will drag the pair down 205/204.40/203.70/203.
Major resistance - 206.50. Any break above confirms minor bullishness; a jump to 207/207.25/208/209.20/210 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 206 with SL around 205 for a TP of 208.


FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites 



