140,23. GBP JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a resistance below 141,50 (127 pips). The downtrend should continue to gather momentum.
140,70 - 141,50
139,70 - 139,00