EUR/JPY traded at 133.05, so if there was a knock-out, it is well and truely ko’ed. GBP/JPY got to 151.05, the same level as on Friday, but has now slipped back also to around 150.60. Obviously some profit taking going on. I still favour buying dips in both these pairs until something changes the trend.

I’ll hand over to Sam now for the next few hours.