GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily is in a bearish configuration. The price should continue to move in Bollinger bands. The risk/reward ratio is too high to take a position..
Resistances
198,00 - 200,90
Supports
196,60 - 195,30
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