GBPJPY Buyers Hold Command, Eye Multi Decade Highs
The short-term Elliott Wave outlook in GBPJPY indicates that the cycle from the October 2, 2025 low remains in progress as a five-wave diagonal structure. From that date, wave ((i)) concluded at 205.3, followed by a corrective pullback in wave ((ii)) that reached 199.05. The pair then advanced in wave ((iii)), achieving 206.85#elliott_wave_trading #forextrading #trader #gbpjpy_chart_analysis
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