211,31. GBP JPY is in a range between 209,00 and 212,00. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 209,00 / 212,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
211,50 - 212,00
210,50 - 209,00