147,94. GBP JPY is in an uptrend supported by 1H exponential moving averages. GBP JPY is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 147,00 (94 pips). The consolidation should continue. If the support breaks then the target will be 145,50 (244 pips).
- 149,30 - 151,60
- 147,00 - 145,50