141,24. GBP JPY is in a range between 140,70 and 145,15. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 140,70 (54 pips). The price should continue to move in Bollinger bands. If the support breaks then the target will be 138,00 (324 pips).
142,00 - 143,90
140,70 - 139,00