» GBP JPY

204,73. GBP JPY is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H,,daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue to gather momentum. The target is expected at 199,00 (570 pips).

208,27. GBP JPY is in an downtrend directed by 15min exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 207,00 (130 pips) support.

209,54. GBP JPY broke 210,00 support. GBP JPY is in an downtrend directed by 15min exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 208,00 support.

210,39. GBP JPY is in a range between 210,00 and 213,50. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The price should find a support above 210,00. If the support is broken then the target will be 208,00 (240 pips).

210,88. GBP JPY is in a consolidation after the last bearish movement. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The price should continue to move in 210,00 / 213,50 range. We won’t take a position. The risk/reward ratio is too high to take a position..

210,94. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 210,00 / 213,50 range. We won’t take a position. The risk/reward ratio is too high to take a position..

211,32. GBP JPY broke 212,00 support. GBP JPY is in a consolidation after the last bearish movement. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should continue to move in 210,00 / 213,50 range.

212,61. 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. Oscillators are neutral. The price should find a resistance below 214,00. The consolidation should continue. We won’t take a position. The risk/reward ratio is too high to take a position..

213,16. GBP JPY is in an uptrend supported by 1H exponential moving averages. The volatility rises. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The price should find a resistance below 213,50 / 214,00. We won’t take a position. The risk/reward ratio is too high to take a position..

212,15. GBP JPY broke 212,00 resistance. GBP JPY is in a consolidation after the last bullish movement. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a resistance below 213,00. We won’t take a position. The risk/reward ratio is too high to take a position..