197,78. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a support above 197,00. If the support is broken then the target will be 193,00.
198,35 - 199,50
197,00 - 196,50

Arnaud Jeulin