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Why I remain bearish on Sterling

FX:GBPJPY   British Pound/Japanese Yen
Rate of inflation has been falling since June 2014. A total of 0.9% damaging any prospects we will see a rate increase near term. The Yen remains weak against the Dollar due to monetary policy divergence but with the sovereign debt crsis remerging in Europe, the Yen will even out against the European currencies.

Potential Crab setting up, we could see 176.16 before a pause and break lower, ultimately I remain short on this.
Great job, Daniel!
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