GBP/JPY Technical Analysis
From this our analysis, There is a Triangular elliot wave pattern drawn between 144.977 & 153.800.
* If the current market price will reach the 4th elliot retracement price @ 150.573 means it will bearish until price @ 144.977.
* If the current market price doesn't reach the 61% retracement, it may bearish within the triangular shape until price @ 147.00. There is a pull back chance after bearish.
Also we will update the price breakout shortly depending upon the market movement.
* If the current market price will reach the 4th elliot retracement price @ 150.573 means it will bearish until price @ 144.977.
* If the current market price doesn't reach the 61% retracement, it may bearish within the triangular shape until price @ 147.00. There is a pull back chance after bearish.
Also we will update the price breakout shortly depending upon the market movement.
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