FX:GBPJPY   British Pound/Japanese Yen
69 0 2
This pair broke a very important support on Friday and to my suprise it didn't manage to break back above it. Even though I am fairly bullish on all currencies aganst the JPY, the current situatsion in GBPJPY             may signal further downside. Also USDJPY             looks kind of heavy as it failed to close above 101.40 which means that if GBPUSD             stands still and USDJPY             pushes lower it will drag the GBPJPY             down as well.

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