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04.04.2022: Forex Analysis & Reviews: Elliott wave analysis of GBP/JPY for April 4, 2022
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Forex forecast 22/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-22 UTC+3
Forex forecast 21/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-21 UTC+3
Forex forecast 20/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-20 UTC+3
Forex forecast 17/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-17 UTC+3
Forex forecast 16/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-16 UTC+3
Forex forecast 15/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-15 UTC+3
Forex forecast 14/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-14 UTC+3
Forex forecast 13/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-13 UTC+3
Forex forecast 10/04/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-04-10 UTC+3
Forex forecast 09/04/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-04-09 UTC+3
Forex forecast 08/04/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-04-08 UTC+3
Forex forecast 07/04/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-04-07 UTC+3
Forex forecast 03/04/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-04-03 UTC+3
Forex forecast 02/04/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-04-02 UTC+3
Forex forecast 01/04/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-04-01 UTC+3
Forex forecast 31/03/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-03-31 UTC+3
Forex forecast 30/03/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
2026-03-30 UTC+3
Forex forecast 27/03/2026: EUR/USD, USD/JPY, GBP/USD, USDX, SP500, Gold, Oil and Bitcoin
2026-03-27 UTC+3

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GBP/JPY overshot our original target at 163.36 and peaked at 164.65 in wave iii and we are now in a wave iv correction. Wave ii was a complex correction, so we should expect wave iv to be a simple zig-zag correction of maybe even a series of zig-zag correction if a triangle correction is unfolding. Wave ii was also a deep correction, son wave iv should be a shallow correction not correcting more than 23.6% or 38.2%, which means a correction into support in the 152.09 to 156.89 area.

Once this correction is complete more upside progress is expected beyond the peak of 164.65.

*Disclaimer: The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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