212,34. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The price should continue to move in 211,00 / 213,25 range. We won't take a position. The risk/reward ratio is too high to take a position..
212,40 - 213,20
211,70 - 211,00