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GBP/JPY Elliott Wave Analysis
Recent selloff adds credence to our bearish count that the wave ii from 139.30 has ended at 150.70 and wave iii is now in progress which easily met our indicated downside target at 138.00, 137.00 and 135.73 (61.8% Fibonacci retracement of 118.87 to 163.00). As this wave iii is still...
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