GBPJPY is Drawing a Pattern That Favor the Bulls.
GBPJPY has just completed a 5-3 "impulse-corrective" Elliot Wave cycle.
The correction is retesting a weekly support level that lined up with a 50% Fib ratio.
Price has the potential to move higher in wave C to complete the zigzag. Target above wave A high is plausible.
What's your view on GBPJPY?
The correction is retesting a weekly support level that lined up with a 50% Fib ratio.
Price has the potential to move higher in wave C to complete the zigzag. Target above wave A high is plausible.
What's your view on GBPJPY?
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