195,23. GBP JPY broke 203,00 support. 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 is high. ForexTrend 1H, 4H, daily (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 support above 193,00. The consolidation should continue. If the support is broken then the target will be 190,00.
196,50 - 198,00
193,00 - 192,65