149,28. GBP JPY is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are deviated. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a support above 149,00 (28 pips). The downtrend should continue on 146,50 support (278 pips).
Resistances
150,35 - 150,70
Supports
149,00 - 148,10

tags: Forex, gbpjpy
author: Arnaud Jeulin
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