151,73. GBP JPY is in an downtrend directed by 1H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. daily ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a resistance below 152,20 (47 pips). The downtrend should continue to gather momentum.
- 152,20 - 153,65
- 151,00 - 150,15