158,00. GBP JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The price should find a resistance below 158,50 (50 pips).
Resistances
158,50 - 159,60
Supports
156,90 - 156,15

tags: Forex, gbpjpy
author: Arnaud Jeulin
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