225,44. GBP JPY is in an downtrend directed by 1H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. The volatility decreases. 4H ForexSto (Modified Stochastic) crosses and gives a positive signal. The consolidation should continue. The price should continue to move in 223,50 / 226,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
225,60 - 226,10
225,00 - 223,50