203,50. GBP JPY is in a range between 203,40 and 207,80. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a support above 203,25. The price should consolidate. If the support is broken then the target will be 198,00.
204,45 - 206,00
203,25 - 202,50