GBP/JPY In A Temporary Correction
Gregor Horvat | Jul 22, 2016 05:23AM ET
GBP/JPY is turning nicely down for the last 24 hours, so it appears that wave b-circled is completed. As such, more weakness down into wave c is in the cards, probably for 136.50 where pair can be looking for a support next week. We will be looking for a bullish turn next week with an impulsive price action.
GBP/JPY, 1H
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