205,22. 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 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 206,00 / 206,30. The downtrend should continue to gather momentum. The target is expected at 199,00. The price should find a support above 202,00.
205,45 - 206,30
204,80 - 204,00