The British pound has fallen a bit during the course of the trading session on Monday, to slice through the ¥150 level. This of course is a very negative turn of events.
The British pound has gone back and forth during the course of the trading week to form a rather neutral candlestick. At this point, we have to discern whether the next move is going to be higher or lower.
The British pound bounced a bit against the Japanese yen during the trading session on Friday after forming a couple of hammers for both Wednesday and Thursday.