151,59. 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 (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 152,30 (71 pips). The downtrend should continue to gather momentum.
Resistances
152,30 - 155,40
Supports
149,60 - 146,80

tags: Forex, gbpjpy
author: Arnaud Jeulin
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