Yen demand prevailing as the week gets underway 16 Jan
From 114.01 when I first sat down we've now broken down through support/bids at 113.80 but the demand into 113.50 that I mentioned earlier has so far provided a base at 113.62.
Currently back to 113.83 we've also seen GBPJPY down to new session lows of 136.75 but with GBPUSD holding its own around 1.2030 after its May/Brexit related gap opening and lows of 1.1977.
Expect a few offers/res into 1.2050-60 with demand/bids at 1.2000 again and more into 1.1975-80
