139,81. GBP JPY is in an uptrend supported by 1H exponential moving averages. GBP JPY is in a consolidation after the last bullish movement. GBP JPY is in a range between 137,95 and 141,55. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 141,55 (174 pips). The consolidation should continue. If the resistance breaks then the target will be 145,00 (519 pips).
141,55 - 143,40
138,80 - 137,95