206,22. GBP JPY is in a range between 205,40 and 207,60. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position.
206,70 - 207,60
205,40 - 205,00