205,75. GBP JPY is in a range between 204,15 and 205,80. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 204,15 / 206,50 range. We won't take a position. The risk/reward ratio is too high to take a position..
205,80 - 206,60
204,70 - 204,15