198,26. GBP JPY broke 199,35 support. GBP JPY is in a consolidation after the last bearish movement. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue on 197,00 support.
198,70 - 200,00
197,65 - 197,00

Arnaud Jeulin