GBPJPY 1 HR Elliott Wave Count
The GBPJPY may see a minor new low here but for the most part I think the C wave is over here and a 3 wave bounce may start soon.
Keep in mind that this can still turn into an impulse with a sideways wave 4 and another 5th wave lower. I would still look at this as an A wave of the correction.
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| GBPJPY 1 HR Elliott Wave Count |