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GBP / JPY - one potential scenario

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Hi everyone,

This sort of where I expect from the GBP / JPY over the next few weeks and months. I am reasonably sure it won't track my waves very closely. If wave 5 of wave 3 isn't extended, I would expect wave 5 to be extended - that is if my count eventuates. I'm not a professional or an experienced FOREX trader so this is one is posted more so I can check in on the progress.

Even if the waves develop exactly as I have charted I don't think I will enter a trade. I am not generally a fan of FOREX trading due to the timescales involved and if I do, other currency pairs offer better set-ups. This is published just for interest. Preserve that capital everyone.

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