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Metxa

GBPJPY Complex Correction

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
Metxa  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis GBPJPY ell elliottwaveprojection
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trendanalysis chartpattern waveanalysis gbpjpy ell elliottwaveprojection
Hello Traders,

Here is an analysis of GBPJPY. It seems that this pair is already completing the WXY structure and thus will move to the downside. Alternation is a break above the trendline and can be a new movement to the upside. I might be wrong but the bias is more to bearish structure
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