Further to Ryan’s USDJPY post the talk on the street is that good names have been seen selling a few GBPJPY this morning which has also put the cap on GBPUSD (along with EURGBP demand) but failed so far to drive it through bids between 1.6750-65 that I highlighted on my orderboard.
Nikkei futures down almost 1% too since cash market close. Supposed semi-official support at 14200 now smashed..stop losses triggered. 14140 lows so far. currently 14170
GBPJPY currently 170.28 after 170.15 lows just now and 170.80 highs on opening/171.65 overnight
