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.
Resistances
150,50 - 150,95
Supports
149,20 - 148,40

tags: Forex, gbpjpy
author: Arnaud Jeulin
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