It’s probably more of an urban myth, but the risk-off Friday sentiment is hard to shake and I always feel more comfortable playing the JPY crosses from the short-side on a Friday. (Maybe there’s a bored bank quant out there who can run some analysis for us 
).
GBP/JPY remains my favourite play but getting the entry levels and timing can be tricky. I will stay short unless we start trading above 185.20 again, and then I may look for dips to exit my position on. I’m hoping for 200-pip intraday dips to book some profit on.
The last few days in Asian trade have been very boring indeed and today may possibly be no different. Let’s hope not.
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