4xForecaster

$GBP vs $JPY Mulls Tumble Toward 181.338 | #forex $USD #BOJ #BOE

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FX:GBPJPY   英鎊 / 日圓
Friends,

This pair has been quite clement with us, as it has consistently adhered to the Predictive/Forecasting Model forecast in recent and distant analyses.

At this time, there is a high-probability of reversibility, based on the Model's Qualitative Target having been reached at 187.590 from prior depth.




The current Predictive/Forecasting Model outlook does not consider a return to the abysmal level, but instead to a 181.338/180.939 range.

This is consistent with a background Geo overlay in which price might be under the "Off-Set Rule" constraint,mulling a probable decline and respite at the level corresponding to Point-4.


OVERALL:

Invalidation of the forecast would occur with price carving a structural high, whereas a conservative engagement in a trade would wait for a commitment below the 185.95 level - Not a trade recommendation: All educational, as we continue to elaborate on the Wolfe Wave and refine market-geo rules around this advanced geometry.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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