GBP JPY forming an bearish set up according to Elliot rules, which I have shown in the chart .Fundamentals may Support .please note this if fundamentals support this Elliot structure then +4000 pips will be in your hand as corrective wave It could take a some time may be,but as daily charts have maximum probability of correct predictions we are getting entry short point here at this level if GBP JPY goes above 145 then it could be break of this structure.
By this way Elliot have offering you +800,+1400 and last wave up to +4000 pips .you need patience for this trade and you have to be cautious also .and well proper monitoring also .
Entry Entry for short is below 139 for all this trade after breakout confirmation .
Exit during all you need to add monitoring your trade .and according to my experience this trade have +90% of success .
So swing traders would not miss this opportunity .
Currently I personally have not shorted but will enter short after confirmation.of my setup .
Otherwise i will keep updating this trade one of my sharing platform listed in my signature .
If you have read this article then thanks a lot .Wishing you best luck for your trades .
Regards ,
Dipak Z.