GBPUSD gets a bid on to break intraday highs while USDJPY heads to intraday lows
Just as we see the US start to open the shutters, USD has taken a drop down towards 110.40 and support seen both before, during and after Friday's drop through 110.00.
USDJPY 15m chart
Further support will start around 110.20/25, ahead of 110.00 but any break there will need to clear and consolidate below Friday's low around 109.75/80.
110.80 and 110.00 the resistance now.
For cable, the move above the 1.2375 area means we're knocking on the 1.24 door, with Friday's high around 1.2430 the immediate target, if we can break 1.2410. Look for support to build at 1.2370/75 now.
GBPUSD 15m chart
