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GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223

GBPJPY pared some of its gains due to profit booking. It hit a high of 219.61this week ; now it is around 218.07. Technicals CMP...

GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
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GBPJPY pared some of its gains due to profit booking. It hit a high of 219.61this week ; now it is around 218.07. Technicals CMP...

GBPJPY pared some of its gains due to profit booking. It hit a high of 219.61this week ; now it is around 218.07. | Technicals | CMP -218.07

| Trend | | | 1-hour | Value | | | | 55 EMA | 217.42 | CMP >value |

Bullish | | 200- EMA | 215.66 | CMP >value | Bullish | | 365-

EMA | 214.78 | CMP >value | Bullish | Major support- 217.90/217.20/216.40/215.80/215.

Major resistance 220.20/223/225.97. | Momentum indicator | Value | | | CCI(50) | 88.96

| Bullish | | ADX | | Neutral | It is good to buy on dips around 217.90, with an SL around 217, for a TP of 220.15/223.

Published
Jul 17, 2026
Updated
Jul 17, 2026
Source
Econotimes
Category
Business
Read time
1 min
Key facts

Key facts

SectionBusiness
Open
SourceEconotimes
Open
PublishedJul 17, 2026
UpdatedJul 17, 2026

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PublishedJul 17, 2026, 5:50 AMThis story was published by BC Post.
ImportedJul 17, 2026, 6:00 AMThe item entered the BC Post source pipeline.
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Econotimes Published Jul 17, 2026 Imported Jul 17, 2026
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Econotimes Jul 17, 2026
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