207,47. GBP JPY is in an uptrend supported by 1H exponential moving averages. GBP JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 208,60. The consolidation should continue. If the resistance is broken then the target will be 212,00. We won't take a position. The risk/reward ratio is too high to take a position..
207,60 - 208,60
207,20 - 206,80