212,69. GBP JPY broke 211,50 resistance. GBP JPY is in an uptrend supported by 4H exponential moving averages. 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 214,00 (130 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
212,75 - 214,00
211,70 - 210,85