Open trading account 
GBPJPY has been correcting since since 20 November. I suppose that consolidation has ended at 185.
That correction was a 4th wave of the Minuette degree in a 5th (v) wave of the Minute, so a 5th Minuette is coming.
As you can see on the next chart, the 4th wave is triangle. Market usually rapidly turns over after triangles.
I thin GBPJPY will strongly rise up on the release of CPI data next day, maybe +200 point, but that won't be the end. The target of the 5th Minuette is a level from 186.5 to 190. Looks like that the pair will get that level in 2-5 days.
That correction was a 4th wave of the Minuette degree in a 5th (v) wave of the Minute, so a 5th Minuette is coming.
As you can see on the next chart, the 4th wave is triangle. Market usually rapidly turns over after triangles.
I thin GBPJPY will strongly rise up on the release of CPI data next day, maybe +200 point, but that won't be the end. The target of the 5th Minuette is a level from 186.5 to 190. Looks like that the pair will get that level in 2-5 days.
