156,54. GBP JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 155,80 support (74 pips).
Resistances
157,70 - 159,40
Supports
155,80 - 155,30

tags: Forex, gbpjpy
author: Arnaud Jeulin
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