Bearish GBPJPY
Following a five wave impulsive move downwards. It looks like we are in the midst of ending wave 2/C correction.
There are a couple of wave relationship that suggest that wave 2/C will terminate around 151.85 - 152.2. We are looking at a WXY complex correction.
There should be a selloff pretty soon if the area near 152.2 holds.
There are a couple of wave relationship that suggest that wave 2/C will terminate around 151.85 - 152.2. We are looking at a WXY complex correction.
There should be a selloff pretty soon if the area near 152.2 holds.
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