maxw3st

GJ is getting to a turning point

FX:GBPJPY   British Pound / Japanese Yen
GJ is about to reach the 50% line where it turned up before the current move down. The 50% line is also the 100% extension down from the latest move to a high (ABCD completed). We'll find out shortly which way it's going. Either a move up from the 50% line, or continuation down towards the 25% area.

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