We were witnessing a big plunge on the GBP/jpy pair, due to the bad preformance of the stock market, consequently the safe heaven currency JPY gained strenght. Now we saw a pullback from the lows and we might find a few higher spots.
Comment:
So far so good, for the gbpjpy pair. It retested the last resistance and found support at around 137.000. We expect a brekout to a higher level.