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1.6280 gives way in GBP & stops hit under 133.50 in EURJPY

By Sam Diakou  || July 6, 2009 at 02:36 GMT
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Looks like theres no stopping the continual Yen cross selling so far today. EURJPY has been hit hard down thru 133.50 triggering stops then more under 133.30. 133.00 now targeted. EURGBP buyers supporting EUR but under 1.3950 could see a rapid fall there as well.

GBP has surrended to the GBPJPY selling, taking out the bid at 1.6280.

AUDJPY selling took its toll on AUD….79c now eyed.

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