Elliott Wave Analysis: GBPJPY Aiming Higher

Long

British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

gbpjpy elliottwaves correction impulsive

GBPJPY completed a corrective set back in a bit more complex pattern with blue wave b wave triangle as a connecting wave. This move to the downside we now regard as completed and are waiting for the confirming push to the upside. We would like to see at least 142.70-143 move to confirm higher levels above recent highs.

@ewforecast

Elliott Wave Service
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