United Kingdom Jan BRC Retail Sales Monitor - All (YoY) 1.9%

EUR/JPY has bounced so far from fresh weekly lows at 124.16 to present 124.53, down -1.71% from previous weekly close Friday. According to FXstreet.com Independent Analyst Ivan Delgado: “The next key support at 123.80 - Jan 31 high - may interfere on the prolonged selling interest off overbought levels,” Ivan says, adding: “A break lower exposes 122.80-123.00 - Jan 25 high,” he concludes.