Potential Market Correction on GBPJPY | 4H Chart

British Pound/Japanese YenFXCM

Description

⋅ Jul 20, 2016 10:41 AM

Completion of 12345AB Elliott wave cycles, waiting on the final C. We hit strong resistance right around the expected 140.500 area. This will be interesting to watch. if we break the trend support i expect a retrace down to around 133.600

GBPJPY