The British pound has pulled back from the familiar ¥152.50 level, to show signs of struggle get again. At this point, the market looks as if it could roll over, but continuing higher would show real strength.
The British pound initially pulled back during the course of the trading session on Monday but then turned around to show signs of strength again. At this point, it looks as if the market is going to try to get to the ¥152.50 level.
The British pound fell rather hard during the course of the week to slice through the ¥150 level but has turned back around to form a massive hammer.