GBP/USD recovers all last week's losses as we reach strong resistance at 1.3290/99. Bulls now require a break above the 3 week
high at 1.3336/40 to target 1.3405/15.
Failure to beat 1.3290/99 keeps us trading sideways targeting 1.3265/60 & support at 1.3240/35. On further losses look for
better support at 1.3205/1.3195. Longs need stops below 1.3170.
GBP/JPY rockets back up towards last week's high at 151.35/38. Above here look for 151.57/60 & 152.25/30 before the
September high at 152.81/86.
First support at 150.30/20 then better support at 149.70/60 & we look for a bounce from here. However on further losses look
for a buying opportunity at 149.20/10, with stops below 148.90.