GBPJPY once again a prime mover 1 August

Hearing reports of decent size GBPJPY selling and the drop through 135.00 has accelerated the move adding supply in the core pairs.

Currently 134.65 with GBPUSD now clearing out the 1.3180 bids that held first time for a bounce into 1.3200. More demand noted into 1.3150.GBPJPY support into 134.00.

USDJPY on the back foot at 102.16 with demand nearby into 102.00. Expect offers/res into 102.30 then 102.50