Seems Europeans are not as optimistic about dumping their pounds as the rest of the world. Brexit is no new news.
We may be starting the 2nd leg down which is equal to the first leg in a simple ABC. Looks like we already have wave 1 in leg C.
Since when does a 40 pip wick @ the 50 fib mean buy?
What you do with it from here is up to you. That's 50 pips. Take it or leave it.
Approaching 200dma along with .618 fib
Elliot wave 3 drives pattern on GBP/JPY initial target is 183.00
Sorry guys didn't see this one but they both point up.