GBPYEN are this pair will slide into 208.

Here i updated GBPYEN 4 hour time frame. Price moving inside the channel. According to elliott wave we are currently in wave C down perhaps. It should be easier to going down.

4 hour fractal already broken. I expand the fibonacci and fibonacci said price will land below 209. Maybe 208 or 207.

Overall trend is down prefer sell signal. Be careful with retracement, because GJ has fall to much, anytime retracement can occur.

Only open the position when u get the signal from your trading system. For trend follower fractal is your special weapon . Use it wisely with proper money management. Thank you.

Now we are heading to south and will land at 208 area. Thank you