The US dollar initially plummeted during the course of the week against the Japanese yen but then turned around to show signs of strength again. The weekly candlestick is a hammer but at the end of the day we are sitting just below a major resistance barrier.
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.
The British pound has rallied a bit during the course of the trading session on Friday as we are testing the ¥152 level. That is an area that has been important more than once over the last couple weeks, and I think extends into the ¥152.50 level.