GBP/USD topped at the next target of 1.3990/95. A break above 1.4000 targets 1.4025/35 before the 2 week high at 1.4065/69. First support at 1.3935/30 but below here targets 1.3890 and support at 1.3855/45.
GBP/JPY bottomed exactly at our buying opportunity at 147.75/65, with stops below 147.40. A break lower however targets 147.20/15, 146.90/86, perhaps as far as 146.70/60.
Holding strong support at 147.75/65 allows a recovery to 148.30/35. On further gains look for 148.85/90 before strong resistance at 149.40/45. A break higher targets 150.00/05 then 150.70/80.