210,43. GBP JPY is in an downtrend directed by 4H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. GBP JPY is in a range between 209,75 and 212,25. The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
211,00 - 212,20
209,50 - 207,00