212,53. GBP JPY is in an uptrend supported by 4H exponential moving averages. GBP JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The uptrend should continue on 214,00 (150 pips) resistance. We won't take a position. The risk/reward ratio is too high to take a position..
213,20 - 214,00
212,30 - 211,90