147,65. GBP JPY is in a range between 147,10 and 150,50. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should continue to move in 147,10 / 150,50 range. If the support breaks then the target will be 145,00 (265 pips).
- 148,75 - 150,50
- 147,10 - 146,50