140,29. GBP JPY broke 138,70 resistance. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The uptrend should continue on 141,70 resistance (141 pips).
140,60 - 141,70
138,70 - 136,75