157,44. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The uptrend should continue on 158,50 resistance (106 pips).
Resistances
157,60 - 158,50
Supports
156,15 - 154,90

tags: Forex, gbpjpy
author: Arnaud Jeulin
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