GBPJPY I wouldn't mind seeing this go down to 197 area - will be the perfect opportunity to start looking for more buys. Every uptrend needs some healthy corrections. Also, seems like bulls have cooled off, which tells me profit taking may continue.
GBPJPY Intraday bias in GJ is turned neutral with current retreat, and some consolidations would be seen below 199.80 temporary top. Break of 199.80 will seeing of 201 .14 next otherwise break of 198.2x ~197.8x will see the downside to 195.8x ~196.8x