The yen ended the week with gains and stopped at the support we marked on the daily candles chart at 146.32 yens per pound. The price is correcting and, to do that, we marked a weekly fibo (low to high from last week). Right now, the price is trying to get to the fibo 38.2, where it will meet the support at 147.85. If the sterling advances, the fibo 50 is at the strong support and will try to take the price to last week's low. Breaking this last level would take to 144.5, if it doesn't find support at 145.84 yens per pound.

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