Coming into resistance and showing a sign of weakness is the GBPJPY at the moment. Hitting a previous low that has brought back the sellers, the anticipation is to look for a push back toward the lows. Any micro rally back up to the high at 168.42 will give a good opportunity for a short position with a small stop. The more amount of time that passes with price remaining beneath that level will increase the probability of this pair working back to 160 in no time