2022.12.30 GBP/JPY market today’s movement forecast and scenario
We will be ending Investment Navigator by the end of this year.
Thank you for your continued readership up to now.
Until December 31, we will do our best and put in full effort for analysis, so we appreciate your support.
＜Pound Index – Daily Chart＞
＜Yen Index – Daily Chart＞
*The charts used are from https://jp.tradingview.com/.
＜GBP/JPY – Daily Chart＞
30-minute chart of GBP/JPY produced by the Indicator and the Principles of the Market
For seven years I have outlined scenarios for the movement of GBP/JPY, and this is the last one.During that time, there were troubles such as server migrations causing articles before 2022 to disappear, but I have managed to keep my spirits up and continue.
This is thanks to the loyal readers.
Both the Pound Index and the Yen Index have risen.
GBP/JPY has fallen.
It seems to me that it will either break below the 159.000–161.000 range after breaking the 159.913 line, or rebound at the 159.913 line and move higher again, or break below the 159.913 line and continue downward.
＜Price Movement Forecast＞
＜Elliott Wave＞
＜Chart Patterns＞
30-minute chart of GBP/JPY produced by the Indicator and the Principles of the Market
The 38.2% retracement level has been respected, and the price has moved lower.There is a very strong possibility of a bearish trend.
＜Elliott Wave＞
