GBP/JPY: Bears guard 130.00 as Trump leads with 60% votes counted

The Japanese yen once again ran through fresh bids as sentiment received a big blow after Trump took away Florida and is seen as a likely winner so far, with 60% of votes counted. Current House of Representatives Seat Count now stands at Republicans 52 versus Democrats 15.

Markets now await final count from Florida and North Carolina for fresh cues on the yen crosses, including GBP/JPY. As of writing, GBP/JPY is seen fading a drop to 129.45 levels, now re-attempting 130 handle.