4xForecaster

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

Short
FX:GBPJPY   Livre sterling / Yen japonais
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


-----
Twitter:
@4xForecaster

LinkedIn:
David Alcindor
-----

.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.