GBPJPY is unable to break 134.60. So, if the downtrend has began again, then there is not much support. It can continue to drop till 124 again.
GBPUSD's correctional phase has probably ended or it is going to end very soon. The candlestick pattern in the daily chart indicates that a temporary top is in place. So, there is good chance for us to sell GBPUSD and target 1.20, 1.15 again.
