151,30. GBP JPY is in a consolidation after the last bearish movement. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a resistance below 151,75 (45 pips).
Resistances
151,65 - 153,20
Supports
150,90 - 149,90

tags: Forex, gbpjpy
author: Arnaud Jeulin
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