150,27. GBP JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a resistance below 150,50 (23 pips). The downtrend should continue on 149,20 support (107 pips).
- 150,40 - 150,80
- 150,00 - 149,20