199,80. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 198,30 / 202,00 range. We won't take a position. The risk/reward ratio is too high to take a position..
200,50 - 201,75
199,40 - 197,75

Arnaud Jeulin