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Hi Everyone
Please find below my predictions for the GBPJPY
1. MN - strong downward move as a combination of ABCs
2. W1 - I look a this downward move as an WxYxxZ structure; W&Y seems to be completed; the second xx has already started an may develop in the coming weeks as an ABC structure ... Z wave may follow afterwards
3. We may see a reversal to the upside soon (please, check the D1 chart)
3. Prediction for the 1st of October 140.76
Please find below my predictions for the GBPJPY
1. MN - strong downward move as a combination of ABCs
2. W1 - I look a this downward move as an WxYxxZ structure; W&Y seems to be completed; the second xx has already started an may develop in the coming weeks as an ABC structure ... Z wave may follow afterwards
3. We may see a reversal to the upside soon (please, check the D1 chart)
3. Prediction for the 1st of October 140.76