204,26. GBP JPY broke 206,20 support. GBP JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The consolidation should continue. The price should find a support above 203,60. If the support is broken then the target will be 201,00.
205,50 - 207,10
203,60 - 202,90