Forex Trading: GBPJPY looking ok....above support at 204.37 and 204.54

London and Europe are nearly gone and the day has turned quiet.  Looking at the GBPJPY chart, the pair looks ok as it has been able to work above both the 50% retracement level of the last move down (see chart) and the 200 hour moving average at 204.54.   There is a slow grind higher.