207,48. GBP JPY is in an uptrend supported by 1H exponential moving averages. GBP JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The consolidation should continue. The price should continue to move in 206,50 / 209,00 range. If the support is broken then the target will be 201,50.
208,20 - 209,00
206,80 - 206,50