138,33. GBP JPY broke 140,70 support. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a resistance below 140,00 (167 pips). The downtrend should continue to gather momentum.
Resistances
140,00 - 140,75
Supports
138,00 - 136,80