158,49. GBP JPY is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The price should continue to move in 156,65 / 159,60 range.
Resistances
159,20 - 159,60
Supports
156,70 - 154,90

tags: Forex, gbpjpy
author: Arnaud Jeulin
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