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FX.co ★ Elliott wave analysis of GBP/JPY for June 29, 2022

Elliott wave analysis of GBP/JPY for June 29, 2022

GBP/JPY is holding nicely below the former high at 168.73 and we continue to look for a break below minor support at 164.47 to confirm that the expected corrective decline towards at least 154.41 is in motion.

Elliott wave analysis of GBP/JPY for June 29, 2022

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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