GBPJPY Should Extend Lower in Zigzag Correction

<p>Short Term Elliott Wave view in GBPJPY suggests the rally to 186.75 ended wave 1. Pullback in wave 2 is currently in progress as a zigzag Elliott Wave structure. Down from wave 1, wave (i) ended at 185.38 and wave (ii) rally ended at 185.94. The pair extended lower in wave (iii) towards 183.35 and […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/516811-gbpjpy-should-extend-lower-in-zigzag-correction/">GBPJPY Should Extend Lower in Zigzag Correction</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>