151,63. GBP JPY is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a resistance below 152,00 (37 pips). The downtrend should continue to gather momentum. The target is expected at 150,00 (163 pips).
Resistances
152,00 - 153,20
Supports
150,90 - 149,10

tags: Forex, gbpjpy
author: Arnaud Jeulin
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