158,28. GBP JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The price should find a support above 157,80 (48 pips). The uptrend should continue on 159,60 resistance (132 pips).
Resistances
158,95 - 159,60
Supports
157,80 - 157,30

tags: Forex, gbpjpy
author: Arnaud Jeulin
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