GBPJPY Intraday View

13 thg 7, 2015

On the 2h chart of GBPJPY, price is trading in impulsive fashion as we see a five wave structure in blue wave i. After blue wave i is completed, we expect a three wave correction in blue wave ii, that may send price down to around 187.5-189 level, and afterwards continue to the upside in blue wave iii.


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