GBPJPY will move higher into mid June'09. I am recommending a buy on pullbacks strategy
Must confirm with technicals, moving average crosses or support at lower std deviation of regression lines can be used to confirm..
Scenario 1

“Sahaja Yoga Meditation sparks an awakening, which is the root of our existence and well-being.”
–Shri Mataji Nirmala Devi, founder of Sahaja Yoga Meditation