135,53. 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 low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 137,50 (197 pips). The consolidation should continue. If the resistance breaks then the target will be 140,00 (447 pips).
136,25 - 137,40
134,65 - 133,60