137,23. GBP JPY broke 137,70 support. GBP JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a resistance below 139,00 (177 pips). The downtrend should continue on 135,25 support (198 pips).
139,00 - 139,70
136,30 - 135,25