Heavy Yen selling in the crosses sends the pound and euro higher We're in dangerous waters where liquidity is likely to be at it's worst and last minute traders are either getting in or more likely getting out of trades. The yen have been a big player in the Brexit trade for it's safety status and with remain seemingly the preferred choice, it's being unloaded. Cable is up a quick ton to 1.4886, the euro has touched 1.1400. GBPJPY has jumped nearly 200 pips with EURJPY close behind. If you weren't doing so already, be very careful from here. (full story)