USDJPY is finding support again after the earlier retreat 11 May 2016
I've highlighted the demand/support at 108.50 yesterday, and earlier toda,y and we're holding so far with lows of 108.52.
The demand there is adding to a bit of support for GBP too as GBPJPY turns back up having held 156.50 combining with dip demand below 1.4400 on cable.
USDJPY rally is limited so far though and offers appearing at 108.70 now capping.
All range trading still and not setting the world alight but there's pips to be had for those who can be bothered to look for them.