131,97. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 129,00 support (297 pips). The price should find a resistance below 133,70 (173 pips).
133,80 - 135,75
131,80 - 129,00