150,07. 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. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 150,60 (53 pips). The downtrend should continue to gather momentum.
- 150,50 - 150,95
- 149,20 - 148,40