NFP Numbers worse than expected.

Non Farm Payroll numbers reported Friday at 85K jobs lost and out of this loss 21K were government employees. Given this information GBP/USD risk appetite has increased and USD/JPY risk aversion has increased. I am bullish GBP/USD back up to 1.609 level resistance here price should react and retrace somewhat and then I look for another push to the upside possibly breaking thru this resistance up to the 1.620/23 level which is a 38.2 retrace of the drop from November 16th. This will obviously take some time to reach and with both the UK and the US economies struggling any news events either way will change short term sentiment. I still feel as if we will reach this level. Japan's government is strongly considering devaluing the Yen and this will surly impact things. Be careful as always only taking smart risk reward entries in the direction of sentiment and watch economic news reports for changes in sentiment. Good luck and I should start posting once each week. So we will see where we end up next week.