TECHNICAL ANALYSIS BY NSFX 12.10.2015
The rate should find resistance in area 186: there is the 38.2% Fibonacci retracement and just above it there is the 200SMA. A breakout of this level can lift the pair to test 188 and then the 61.8% level at 189.6. Below 183.8 GbpJpy can slide to 180 and then 179. Volatility is decreased but can spike because the rate is overbought.