155,11. GBP JPY is in an downtrend directed by 1H exponential moving averages. GBP JPY is in a consolidation after the last bearish movement. Bollinger bands are flat. daily ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a support above 153,50 (161 pips). The consolidation should continue.
Resistances
156,10 - 157,50
Supports
154,60 - 153,50

tags: Forex, gbpjpy
author: Arnaud Jeulin
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