GBP/JPY trying to stabilize near mid-145.00s
GBP/JPY Bearish: Currently, we are at 145.43 in a range. If we can break this 0.214 Fibonacci support, we are looking for a continuation initially to the ATR target at 144.74 and then to the range bottom at 143.91. The average daily true range (ATR) for the pair currently is 76 pips but its 90-day ATR is 139 pips a day