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).
- 158,50 - 159,60
- 156,90 - 156,15