201,31. 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 decreases. Bollinger bands are tightened. Oscillators are neutral. The price should find a support above 200,00. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
201,60 - 202,75
200,50 - 200,00