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GBP/JPY: long-lasted forecast

Wave analysis

Technical analysis

Fundamental analysis

Complex analysis

02 November 09

   Starting from June, 1 1989 up to the present day the distinct tendencies are observed within the structure of this very pair of currencies. Revealingly that for its absolute completeness the final descendant wave is insufficient which targets are in the sector of 97.10\88.50. The key support level is at 169.80, the fixation higher than it will decline this long-lasted prediction.

Forex4you analyst Dmitrievsky

 

 

Analysis prepared by:

Maxim Dmitrievsky
Forex4you analyst

 

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