Based on my calculation, GBPJPY is in the wave 5 in the long term which wave 1 created last week and ABC for wave 2 just today is completed. So we will go for Wave 3 which will drop till 126.98 and then wave 5 will drop till 126.11
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.