On USDJPY hourly chart we still see prices recovering within wave (ii) that can be a double zigzag. Ideally market will make another swing high and find a top around 102.60-103.00. We expect a break down next week.
GBPUSD is again on the move in this week after a spike and completed correction at 1.6658 few days back. From there market recovered in five waves, so be aware of a short-term retracement back in wave B). Nice support for new bullish reversal would be at 1.6785.
GBPUSD 1h Elliott Wave Analysis
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