162,47. GBP JPY is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The price should find a resistance below 163,10 (63 pips). The consolidation should continue. If the resistance breaks then the target will be 165,00 (253 pips).
- 163,10 - 164,25
- 162,00 - 160,60