The Pound started to gain back today against the Yen after the had been undergoing a correction that took the pair to the 50.0% correctional level at 200.79, now the short term momentum indicators are showing the pair is being traded within an overbought area and needs another slight correction before rising again, the pair might be targeting the 202.75 and breaching this level would confirm further upside targets, while strong demand is seen around the 61.8% level at 198.90s and it's very unlikely the pair would breach this level.