97.78 trades the high now 97.35.
That attempt at 98 has been beaten back but it shows a willingness to have a go.
You can’t knock a 280 pip gain.
The bulls are not out for the count just yet.
Looks like we’ve got ourselves a good old fashioned showdown.
Over 300 pips are your gains if you took a long down at 148.22 in GBP/JPY
270 if you got on EUR/JPY at 126.18.
The euro and sterling are quite calm considering, which suggests these are mainly yen moves rather than dollar ones.
