If support holds here (near 10 daily SMA), then that would mark 5th point in 12345 formation on Daily chart, as the daily upswing still looks incomplete, there would be good odds of at least a touch of current reaction high.
They are really dumping old pound, I sensed that could be a likely case due to Brexit vote in June. GBPJPY WOW! Why do I not have a position in that pair?!