USD/JPY had a slightly bullish session on Monday, but gave back much of its gains. The 80 level still looms large, and a move through the 80.60 level would be the catalyst for a large move higher. However, it looks as if the bears are about to try the patience of the Bank of Japan again.
The GBP/USD pair bounced slightly during the Monday session, and it looks as if the recent support level is going to cause a buying opportunity. A short-term one, but one none the less.
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