148,39. GBP JPY is in an downtrend directed by 4H exponential moving averages. The volatility is high. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a support above 148,30 (9 pips). The price should continue to move in 148,30 / 149,60 range.
Resistances
149,15 - 149,60
Supports
148,30 - 147,60

tags: Forex, gbpjpy
author: Arnaud Jeulin
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