Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
Of note is that the 20 hour changed directions on gbpjpy; it is now pointing down.
This is a reversal of the price action on the previous hour, in which price moved up.
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up.
The closest is the 50 day average, which is 67.6 pips away.
Relative to other instruments in the forex asset class, gbpjpy ranked 21st the day prior in terms of percentage price change.
This is the 2nd straight hour gbpjpy has seen its price head down.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.