Last month we predicted GBPJPY would proceed with correction wave a, b, c and today we can see wave a, b and c already completed and GBPJPY will proceed with impulse wave 12345. GBPJPY needs to break at 162.54 to see further upside movement. If GBPJPY bounce at 162.54, we might see double top at daily time frame. According to figure D, at the moment GBPJPY in the process to complete wave 2.
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