GBPJPY the currency pair after a false
breakdown of global resistance is moving back
to 195.844, which generally tells us about the
strength of buyers. Interventions by the central
bank of Japan played a short-term role and
the news leverage has exhausted itself. 

Traders continue to put on short positions and still sell
the national currency, which in general only
strengthens the pound against the yen.
Consolidation above 194.9 confirms the bulls'
intentions to continue the growth

Resistance levels: 195.56, 197.38.
Support levels: 193.54,193.0

A retest of the local resistance at 194.5 is being
formed. A breakdown and consolidation above
this level will cause further growth towards the
previously mentioned targets.