210,55. GBP JPY is in a range between 209,50 and 210,70. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 214,00 (350 pips).
We are waiting for a break of resistance to take a long position.
210,70 - 211,90
209,60 - 208,50