The British pound has shot higher during the week to touch the ¥150 level again. We have pulled back from there though, the form an exhaustive candlestick.
The British pound has pulled back a bit on Friday to reach down towards the 147.50 level, an area that I thought could be short-term support.
The British pound has shot above the ¥150 level on Thursday, in the latest iteration of the parabolic move that we have seen in the pound.