USD/JPY buyers are pushing the pair higher more through a lack of sellers than taking any strong sell interest out.
We’re up to a days high of 101.78. As usual the tech picture is pretty bleak with only 102 the near sticking point that is bringing out any decent selling interest
GBP/USD is looking soft once again falling to new lows at 1.5259. The 55 dma at 1.5244 is below with the 50 fib of the Mar/Apr lo/hi at 1.5217.
There is also support ahead of the 55 dma at 1.5245/55 with more down at 1.5212. a break through 1.5260 here would erase the GDP jump and a push towards the April lows around 1.5190/00. Then it’s into the flushy flushy zone down at 1.5020.
