GBPJPY- Blue Print of the pair

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From the lows@128.60 in 5th July 2016 -It travelled impulsively upside & made a high@143.23 on 14th July2016 in Wave -1 & retraced in Wave-2 Making a low@129.06 -just missed 100% -so not violating one of the cardinal rules of elliottwave- 2nd waves can't retrace 100% of 1st waves- which is correct in this case.


Regards,
Abhishek H. Singh, CMT

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